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Daily Pivots: (S1) 0.9457; (P) 0.9481; (R1) 0.9515; More…. Intraday bias in EUR/CHF remains on the upside at this point. Rise from 0.9305, as the third leg of the pattern from 0.9209 ,is in progress for 0.9579 resistance. Firm break there will target 100% projection of 0.9209 to 0.9579 from 0.9305 at 0.9675. On the […]

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26/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.13; (P) 151.35; (R1) 151.64; More… Intraday bias in USD/JPY remains neutral as consolidation from 151.82 is still extending. Further rally is expected as long as 150.25 support holds. On the upside, decisive break of 151.93 key resistance will confirm long term up trend resumption. Next near term target will be 61.8% […]
13/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3641; (P) 1.3667; (R1) 1.3698; More… Intraday bias in USD/CAD remains neutral for the moment. On the upside, break of 1.3761 resistance will argue that correction from 1.3845 has already completed. Intraday bias will be back to the upside to resume larger rally from 1.3176 through 1.3845. However, sustained trading below 55 […]
20/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6756; (P) 0.6798; (R1) 0.6856; More… AUD/USD’s break of 0.6823 confirms resumption of rally from 0.6348. Intraday bias stays on the upside for 61.8% projection of 0.6348 to 0.6823 from 0.6621 at 0.6915 next. On the downside, below 0.6376 minor support will turn intraday bias neutral first. But outlook will remain cautiously […]