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Daily Pivots: (S1) 0.6650; (P) 0.6679; (R1) 0.6697; More… AUD/USD dips mildly today as consolidation from 0.6713 continues. Intraday bias stays neutral for the moment. Further rally is expected as long as 0.6578 support holds. As noted before, fall from 0.6870 has probably completed with three waves down to 0.6361 already. Above 0.6713 will target […]

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11/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8952; (P) 0.8969; (R1) 0.8982; More…. USD/CHF is still bounded in range of 0.8880/8987 and intraday bias remains neutral. On the upside, firm break of 0.8987 support turned resistance will argue that correction from 0.9223 has completed, after drawing support from 0.8883 fibonacci level. Intraday bias will be back on the upside […]
29/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6336; (P) 1.6385; (R1) 1.6472; More… EUR/AUD’s rally from 1.6002 continues today and intraday bias stays on the upside. Decisive break of 38.2% of 1.7180 to 1.6002 at 1.6452 should confirm that whole fall from 1.7180 has completed with three waves down to 1.6002, after being supported by 1.5996. Next target is […]
05/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9320; (P) 0.9341; (R1) 0.9372; More… Intraday bias in EUR/CHF remains neutral for the moment. Fall from 0.9471 could still extend lower, but downside should be contained above 0.9252 low to bring rebound. On the upside, firm break of 0.9363 minor resistance will argue that the correction from 0.9471 has completed, and […]