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Daily Pivots: (S1) 1.6167; (P) 1.6241; (R1) 1.6295; More… Intraday bias in EUR/AUD stays mildly on the downside with 1.6315 minor resistance intact. Current fall is part of the whole decline from 1.7180 and should target 61.8% projection of 1.7180 to 1.6256 from 1.6629 at 1.6058, which is close to 1.5996 key support level. On […]

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16/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 153.34; (P) 153.89; (R1) 154.83; More… Intraday bias in USD/JPY remains on the upside for the moment. Current up trend is in progress for 155.20 fibonacci projection level next. On the downside, below 153.37 minor support will turn intraday bias neutral and bring consolidations again, before staging another rally. In the bigger […]
01/06/2024

USD/CHF Weekly Outlook

USD/CHF’s steep decline last week suggests that rebound from 0.8987 has completed at 0.9157. Initial bias stays on the downside this week for 0.8987. Firm break there will resume the fall from 0.9223 to 100% projection of 0.9223 to 0.8987 from 0.9157 at 0.8921. On the upside, above 0.9065 minor resistance will turn intraday bias […]
01/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6368; (P) 1.6433; (R1) 1.6544; More… Intraday bias in EUR/AUD remains neutral at this point. Further decline is expected as long as 1.6484 resistance holds. Below 1.6288 will resume the fall from 1.6742 to 1.6127 support, or further to 100% projection of 1.7062 to 1.6127 from 1.6742 at 1.5807. However, break of […]