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Daily Pivots: (S1) 0.9401; (P) 0.9429; (R1) 0.9456; More…. Intraday bias in EUR/CHF remains neutral for the moment, and another rally is still in favor as long as 0.9305 support holds. On the upside, above 0.9502 will resume the rally from 0.9305, as the third leg of the pattern from 0.9209, to 0.9579 resistance. However, […]

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30/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3636; (P) 1.3657; (R1) 1.3683; More… Intraday bias in USD/CAD is turned neutral with current recovery. On the downside, below 1.3631 will resume the fall from 1.3845 short term top to 55 D EMA (now at 1.3600). On the upside, above 1.3730 minor resistance will turn bias back to the upside for […]
29/06/2024

EUR/AUD Weekly Outlook

EUR/AUD edged lower to 1.5996 last week but recovered since then. Initial bias remains neutral this week first, and outlook stays bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target 1.5846 key […]
05/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.38; (P) 144.11; (R1) 145.37; More… Intraday bias in USD/JPY remains on the upside at this point. Rise from 140.25 is in progress for 61.8% retracement of 151.89 to 140.25 at 147.44, even as a corrective move. On the downside, below 144.45 minor support will turn intraday bias neutral first. But risk […]