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Daily Pivots: (S1) 1.6658; (P) 1.6702; (R1) 1.6735; More… Further rally is still expected in EUR/AUD with 1.6578 support intact, despite current retreat. Rise from 1.6127 should target 61.8% projection of 1.6127 to 1.6671 from 1.6450 at 1.6786. Firm break there will target 100% projection at 1.6994 next. Nevertheless, break of 1.6578 will mix up […]

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01/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 196.27; (P) 196.82; (R1) 197.70; More.. GBP/JPY is extending consolidation from 200.53 and intraday bias remains neutral. Outlook will remain bullish as long as 193.51 resistance turned support holds. Firm break of 200.53 will resume larger up trend. In the bigger picture, current rally is part of the up trend from 123.94 […]
31/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8810; (P) 0.8843; (R1) 0.8860; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.8776 is still in progress. Further decline is expected as long as 0.8923 resistance holds. On the downside, break of 0.8776 will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. […]
14/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6460; (P) 1.6512; (R1) 1.6547; More… No change in EUR/AUD’s outlook as sideway trading continues. Intraday bias stays neutral at this point. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen […]