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AUD/USD’s rally from 0.6361 resumed last week but retreated after hitting 0.6713. Initial bias remains neutral for some consolidations. 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 0.6870 resistance next. In the bigger […]

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USD/CHF Weekly Outlook

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AUD/USD Daily Report

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15/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9105; (P) 0.9126; (R1) 0.9164; More…. Intraday bias in USD/CHF stays neutral first. Consolidation from 0.9146 might still extend further. But further rally is expected as long as 0.8996 support holds. Firm break of 0.9146 will target 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.9268. In the bigger picture, price […]
15/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 140.92; (P) 141.92; (R1) 142.87; More… USD/JPY’s fall is still in progress and intraday bias stays on the downside. Current decline from 151.89 should target next fibonacci level at 136.63. On the upside, above 142.91 minor resistance will turn intraday bias neutral first. But recovery should be limited well below 146.58 resistance […]
24/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6586; (P) 0.6619; (R1) 0.6641; More… While AUD/USD’s retreat from 0.6713 extends lower, it’s staying above 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579. Intraday bias remains neutral for the moment, and further rally is in favor. As noted before, fall from 0.6870 has probably completed with three waves […]