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Daily Pivots: (S1) 0.9470; (P) 0.9492; (R1) 0.9529; More…. Intraday bias in EUR/CHF remains on the upside as rebound from 0.9209 short term bottom is in progress. Further rise should be seen to 55 D EMA (now at 0.9594). ON the downside, below 0.9423 minor support will turn intraday bias neutral first. In the bigger […]

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12/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6348; (P) 1.6389; (R1) 1.6431; More… EUR/AUD is still bounded in consolidation from 1.6267 and intraday bias remains neutral. Outlook will stay bearish as long as 1.6515 resistance holds. On the downside, break of 1.6267 will resume the whole decline from 1.7062 to 100% projection of 1.7062 to 1.6319 from 1.6844 at […]
12/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 171.04; (P) 173.24; (R1) 174.90; More… EUR/JPY recovered after falling sharply to 171.50. While further decline might be seen, strong support is expected from 170.87 resistance turned support to bring rebound. That should set the range for consolidations below 175.41 short term top. Nevertheless, firm break of 170.87 will argue that larger […]
20/02/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6527; (P) 0.6540; (R1) 0.6553; More… No change in AUD/USD’s outlook as consolidation from 0.6442 is extending. Intraday bias remains neutral for the moment. Stronger recovery cannot be ruled out, but outlook will remain bearish as long as 0.6621 resistance holds. Break of 0.6642 will resume the decline from 0.6870 towards 0.6269 […]