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Daily Pivots: (S1) 0.9624; (P) 0.9642; (R1) 0.9660; More… Sideway trading continues in EUR/CHF and intraday bias stays neutral. Further rally is still expected and decisive break of 0.9691 resistance will carry larger bullish implication, and target 0.9840 resistance next. However, break of 0.9595 support will indicate short term topping, and turn bias back to […]

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EUR/AUD Daily Outlook

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GBP/JPY Daily Outlook

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28/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3205; (P) 1.3236; (R1) 1.3291; More… GBP/USD’s rally is still in progress despite some loss of momentum as seen in 4H MACD. Intraday bias stays on the upside for Current up trend should target 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. On the downside, below 1.3179 minor support will […]
06/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9364; (P) 0.9386; (R1) 0.9399; More…. Intraday bias in EURCHF remains neutral with focus on 0.9351 support. Firm break there, will resume the decline from 0.9579 to retest 0.9209 low. Further decline will remain in favor as long as 0.9455 resistance holds, in case of recovery. In the bigger picture, medium term […]
07/01/2024

EUR/AUD Weekly Outlook

EUR/AUD’s rebound last week indicates short term bottoming at 1.6127, on bullish convergence condition in 4H MACD. Initial bias is mildly on the upside this week for 1.6478 resistance. Firm break there will argue that whole correction from 1.7062 has completed, and target 1.6844 resistance for confirmation. Nevertheless, break of 1.6127 will resume the corrective […]