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Daily Pivots: (S1) 0.6499; (P) 0.6517; (R1) 0.6543; More… Intraday bias in AUD/USD remains neutral for consolidations above 0.6486 temporary low. But further decline is expected as long as 0.6594 resistance holds. On the downside, below 0.6486 will target a retest on 0.6442 first. Firm break there will resume whole decline from 0.6870. However, on […]

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28/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9915; (P) 0.9922; (R1) 0.9930; More…. EUR/CHF’s rally is still in progress and intraday bias stays on the upside. Current rise from 0.9252 should target 100% projection of 0.9304 to 0.9847 from 0.9563 at 1.0106, which is slightly above 1.0095 key structural resistance. On the downside, below 0.9880 minor support will turn […]
25/05/2024

USD/JPY Weekly Outlook

USD/JPY’s rebound from 151.86 resumed last week by breaking through 156.78 resistance. Initial bias remains mildly on the upside this week for 100% projection of 151.86 to 156.78 from 153.59 at 158.51. On the downside, below 155.83 minor support will turn intraday bias neutral first. Further break of 153.69 will target 151.86 and below as […]
27/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 160.00; (P) 160.43; (R1) 161.26; More… Intraday bias in USD/JPY remains on the upside at this point. Sustained trading above 100% projection of 151.86 to 157.70 from 154.53 at 160.37 will pave the way to 161.8% projection at 163.97. On the downside, below 159.18 minor support will turn intraday bias neutral again […]