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Daily Pivots: (S1) 1.6431; (P) 1.6466; (R1) 1.6525; More… Intraday bias in EUR/AUD remains on the upside as rise from 1.6002 is extending. Current development suggest that fall from 1.7180 has completed with three waves down to 1.6002, after being supported by 1.5996. Further rally should be seen to 61.8% retracement of 1.7180 to 1.6002 […]

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EUR/USD Daily Outlook

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USD/JPY Daily Outlook

Daily Pivots: (S1) 152.80; (P) 153.33; (R1) 153.92; More… No change in USD/JPY’s outlook and intraday bias stays on the upside. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. On the downside, below 151.44 minor support will turn intraday bias neutral again first. In […]
05/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9568; (P) 0.9595; (R1) 0.9634; More… EUR/CHF’s rally from 0.9252 is in progress and intraday bias stays on the upside for 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. On the downside, below 0.9553 minor support will turn intraday bias neutral and bring consolidations first, before staging another rise. […]
13/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9393; (P) 0.9413; (R1) 0.9448; More…. Intraday bias in EUR/CHF remains neutral for the moment. 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 will argue that the pull back from 0.9579 has completed as […]