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Daily Pivots: (S1) 0.9629; (P) 0.9692; (R1) 0.9726; More…. EUR/CHF’s steep decline suggests that rebound from 0.9476 has completed at 0.9772 already. Intraday bias is back on the downside. Firm break of 38.2% retracement of 0.9476 to 0.9772 at 0.9659 will target 61.8% retracement at 0.9589 and possibly below. On the upside, above 0.9772 will […]

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EUR/USD Daily Outlook

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03/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6132; (P) 1.6181; (R1) 1.6234; More.. Further decline could be seen in EUR/AUD with 1.6313 minor resistance holds. But considering bullish convergence condition in 4H MACD, stronger support could be seen from 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 to bring rebound. On the upside, firm break of 1.6313 […]
12/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 182.01; (P) 183.17; (R1) 184.68; More… Intraday bias in GBP/JPY is turned neutral first with current retreat. On the downside, break of 181.66 minor support will suggest that rebound from 178.58 has completed. Intraday bias will be back to the downside for retesting 178.58 low. Overall outlook will stay bearish as long […]
23/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0877; (P) 1.0888; (R1) 1.0908; More… EUR/USD is extending the consolidation from 1.0843 temporary low, and intraday bias stays neutral. Further decline is expected as long as 1.0995 resistance holds. Below 1.0843 will target 1.0722 support next. Decisive break there will argue that whole rise from 1.0447 has completed, and target this […]