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Daily Pivots: (S1) 1.6024; (P) 1.6053; (R1) 1.6071; More… Intraday bias in EUR/AUD remains neutral for the moment. Consolidation from 1.5996 could extend further. Outlook will remain bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm […]

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EUR/USD Mid-Day Outlook

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USD/CHF Daily Outlook

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27/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.77; (P) 144.21; (R1) 144.98; More… Further decline remains in favor in USD/JPY as long as 146.47 resistance holds, for retesting 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. On the upside, above 146.47 minor resistance will turn intraday bias back to the upside […]
03/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8308; (P) 0.8585; (R1) 0.8779; More…. USD/CHF’s recovery from 0.8332 is extending. But still, with 0.8665 support turned resistance, current price actions are seen as corrective, and outlook stays bearish. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 projection level. In the bigger picture, break of […]
24/08/2024

AUD/USD Weekly Report

AUD/USD’s rally continued last week despite interim retreat. Initial bias is on the upside this week with focus on 0.6798 resistance. Firm break there will extend the rally from 0.6348 to 0.6870 resistance next. On the downside, below 0.6696 support turn bias to the downside for deeper pull back instead. In the bigger picture, overall, […]