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Daily Pivots: (S1) 1.6185; (P) 1.6232; (R1) 1.6264; More… Intraday bias in EUR/AUD remains mildly on the downside for the moment. Rebound from 1.6002 could have completed at 1.6351. Deeper fall would be seen back to retest 1.6002 low. On the upside, though, above 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 […]

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13/04/2024

USD/CHF Weekly Outlook

USD/CHF’s up trend from 0.8332 resumed last week but turn sideway again after hitting 0.9146. Initial bias remains neutral this week first. Further rally is expected as long as 0.8996 support holds. Above 0.9146 will target 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.9268. In the bigger picture, price actions from 0.8332 medium […]
04/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8602; (P) 0.8639; (R1) 0.8661; More… Intraday bias in EUR/GBP is back on the downside as fall from 0.8713 resumes. Rebound from 0.8548 should have completed, and deeper fall should be seen to retest this support first. Firm break there will target 0.8491 low. On the upside, however, above 0.8644 minor resistance […]
12/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8770; (P) 0.8793; (R1) 0.8807; More…. Intraday bias in USD/CHF is turned neutral first with a temporary top formed at 0.8819. Further rise remains in favor with 0.8727 minor support intact. Above 0.8819 will resume the rebound from 0.8665 short term bottom to 0.8886 support turned resistance first. Decisive break there will […]