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Daily Pivots: (S1) 1.6419; (P) 1.6475; (R1) 1.6520; More… Intraday bias in EUR/AUD remains neutral for the moment. As long as 1.6351 resistance turned support holds, further rally is still expected. On the upside, above 1.6598 will resume the rise from 1.6002 short term bottom to 61.8% retracement of 1.7180 to 1.6002 at 1.6730 next. […]

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02/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9656; (P) 0.9683; (R1) 0.9723; More…. EUR/CHF’s break of 0.9683 resistance argues that fall from 0.9928 has completed at 0.9476, probably as a corrective move. Intraday bias is back on the upside for retesting 0.9928 high. On the downside, however, break of 0.9608 will bring retest of 0.9476 support instead. In the […]
26/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6083; (P) 1.6113; (R1) 1.6149; More… EUR/AUD’s down trend resumes by breaking through 1.6026 today and intraday bias is back on the downside. Next target is 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target 1.5846 key support next. For now, risk will stay on the […]
28/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.52; (P) 144.35; (R1) 144.78; More… For now, further decline is still in favor in USD/JPY with 146.47 resistance intact, to retest 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. On the upside, above 146.47 minor resistance will turn intraday bias back to the […]