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Daily Pivots: (S1) 1.6317; (P) 1.6356; (R1) 1.6391; More…. Intraday bias in EUR/AUD remains neutral as sideway trading continues. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, above 1.6403 will resume the rebound from 1.6211 instead. […]

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29/11/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 146.92; (P) 147.87; (R1) 148.43; More… USD/JPY’s decline continues today and break of 147.14 support confirms resumption of whole fall from 151.89. Intraday bias stays on the downside at this point. Sustained break of 61.8% projection of 151.89 to 147.14 from 149.66 at 146.72 will pave the way to 100% projection at […]
13/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9755; (P) 0.9767; (R1) 0.9777; More… Intraday bias in EUR/CHF remains neutral for the moment. Outlook is unchanged that fall from 0.9835 is the third leg of the corrective pattern from 0.9847. Risk will stay on the downside as long as 0.9835 resistance holds. Below 0.9728 will target 0.9563. But strong support […]
25/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9372; (P) 0.9410; (R1) 0.9430; More… EUR/CHF’s break of 0.9404 minor support suggests rejection by 55 D EMA (now at 0.9447). Intraday bias is back on the downside for deeper pull back. But downside should be contained above 0.9252 low to bring rebound. On the upside, above 0.9471 will resume the rebound […]