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Daily Pivots: (S1) 1.6054; (P) 1.6085; (R1) 1.6110; More… Intraday bias in EUR/AUD remains on the downside for now, despite some loss of momentum as seen in 4H MACD. Current down trend should target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. On the upside, above 1.6125 minor resistance will turn intraday bias […]

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19/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8655; (P) 0.8683; (R1) 0.8700; More…. Break of 0.8629 support suggests that USD/CHF’s decline is resuming. Intraday bias is back on the downside. Current fall from 0.9243 should target 0.8551 key support next. On the upside, above 0.8710 minor resistance will turn intraday bias neutral again first. But outlook will remain bearish […]
09/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6502; (P) 1.6566; (R1) 1.6682; More… Intraday bias in EUR/AUD remains on the upside for the moment. Corrective pullback from 1.7180 could have completed at 1.6256 already. Further rise should be seen to retest 1.7180 high next. On the downside, however, break of 1.6413 support will turn bias back to the downside […]
17/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9351; (P) 0.9370; (R1) 0.9389; More… EUR/CHF is extending the corrective recovery from 0.9252 and intraday bias stays neutral. Outlook remains bearish with 0.9402 support turned resistance intact. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next. However, […]