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Daily Pivots: (S1) 1.6197; (P) 1.6248; (R1) 1.6289; More… EUR/AUD’s decline resumed by breaking 1.6206 and intraday bias is back on the downside. Current fall from 1.7062 should now target 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106. On the upside, above 1.6319 minor resistance will turn intraday bias neutral first. But risk […]

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EUR/CHF Daily Outlook

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12/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9329; (P) 0.9363; (R1) 0.9419; More…. A temporary low as formed at 0.9305 in EUR/CHF with current recovery and intraday bias is turned neutral for consolidations. Deeper decline is still expected with 0.9444 resistance intact. Below 0.9305 will resume the fall from 0.9579 to retest 0.9209 low. Nevertheless, firm break of 0.9444 […]
28/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6284; (P) 1.6333; (R1) 1.6369; More… Break of 1.6322 minor support argues that rebound from 1.6211 has completed at 1.6403 after rejection by 55 D EMA. Intraday bias is back on the downside for retesting 1.6211 first. Firm break there will resume the whole decline from 1.6742, as the third leg of […]
18/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2673; (P) 1.2691; (R1) 1.2724; More… Intraday bias in GBP/USD remains neutral for the moment and some more consolidations would be seen. But risk will stay on the downside as long as 1.2859 resistance holds. Firm break of 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and […]