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Daily Pivots: (S1) 1.6226; (P) 1.6284; (R1) 1.6320; More… Range trading continues in EUR/AUD and intraday bias stays neutral. While stronger recovery might be seen, further decline is expected as long as 1.6494 resistance holds. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 will turn […]

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EUR/USD Daily Outlook

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EUR/USD Mid-Day Outlook

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31/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3650; (P) 1.3692; (R1) 1.3725; More… Range trading continues in USD/CAD and intraday bias stays neutral at this point. On the upside, break of 1.3742 resistance will revive the case that correction from 1.3845 has completed at 1.3589. Intraday bias will be back on the upside for retesting 1.3845. On the downside, […]
16/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8526; (P) 0.8547; (R1) 0.8579; More…. While USD/CHF’s rebound could extend higher, near term outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8487 minor support will bring retest of 0.8332 low first. However, decisive break of 0.8665 will rise the change of larger […]
15/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3616; (P) 1.3630; (R1) 1.3649; More… Break of 1.3652 resistance suggests that a short term bottom was formed at 1.3588, after hitting 1.3589 support. Intraday bias is back on the upside for 13790 resistance. On the downside, firm break of 1.3589 will extend the corrective pattern from 1.3845 to 100% projection of […]