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Daily Pivots: (S1) 1.6536; (P) 1.6568; (R1) 1.6596; More… Further rally is expected in EUR/AUD with 1.6457 support intact, despite loss of momentum. Rebound from 1.6256 is expected to continue to retest 17180 high. On the downside, however, break of 1.6457 support will turn bias back to the downside for 1.6256 again. In the bigger […]

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01/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9480; (P) 0.9522; (R1) 0.9549; More…. EUR/CHF’s fall from 0.9928 resumed by breaking through 0.9476 support. Intraday bias is now on the downside. Further decline should be seen to 100% projection of 0.9928 to 0.94767 from 0.9772 at 0.9320. On the upside, break of 0.9605 resistance is needed to confirm short term […]
17/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 184.38; (P) 185.21; (R1) 186.64; More… Intraday bias in GBP/JPY remains neutral and outlook will stay cautiously bearish as long as 18.08 resistance holds. Below 183.70 will resume the fall from 193.45 to retest 180.00 low. Firm break there will extend whole decline from 208.09 to 175.94 fibonacci level. In the bigger […]
11/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6398; (P) 1.6458; (R1) 1.6556; More… Intraday bias in EUR/AUD is turned neutral first as it recovered after hitting 100% projection of 1.6742 to 1.6439 from 1.6677 at 1.6374. On the downside, below 1.6368 will resume the fall from 1.6742 towards 1.6127 low. Nevertheless, sustained trading above 55 D EMA (now at […]