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EUR/AUD’s fall from 1.7180 resumed by breaking through 1.6256 last week. Initial bias stays on the downside this week for 61.8% projection of 1.7180 to 1.6256 from 1.6629 at 1.6058. Strong support should be seen from 1.5996 to contain downside and bring rebound. On the upside, above 1.6319 resistance will turn intraday bias neutral first. […]

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EUR/USD Weekly Outlook

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19/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8809; (P) 0.8860; (R1) 0.8892; More…. USD/CHF decline is still in progress and intraday bias remains neutral. Rise from 0.8332 could have completed at 0.9223, ahead of 0.9243 key resistance. Further fall would be seen to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. On the upside, above 0.8880 will turn […]
23/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 170.20; (P) 170.93; (R1) 171.79; More… Range trading continues in EUR/JPY above 169.98 temporary low and intraday bias stays neutral. Further decline is expected as long as 172.91 resistance holds. Below 169.98 will target 38.2% retracement of 153.15 to 175.41 at 166.90, as a correction to whole rise from 153.15. On the […]
25/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6474; (P) 0.6502; (R1) 0.6526; More… Intraday bias in AUD/USD remains on the upside for the moment. Sustained break of 55 D EMA (now at 0.6527) will argue that fall from 0.6870 has completed, and bring further rally to 0.6643 resistance next. On the downside, though, break of 0.6440 minor support will […]