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Daily Pivots: (S1) 0.9382; (P) 0.9416; (R1) 0.9452; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. On the upside, above 0.9506 will resume the rebound from 0.9305 to 0.9579 resistance. However, break of 0.9305 will resume the fall for 0.9579 to retest 0.9209 low. In the bigger picture, medium term corrective pattern […]

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USD/CAD Daily Outlook

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21/09/2024

USD/CAD Weekly Outlook

USD/CAD edged higher to 1.3646 last week but failed to sustain above 38.2% retracement of 1.3946 to 1.3439 at 1.3633. Yet, subsequent retreat was contained at 1.3532. Initial bias remains neutral this week first. On the downside, break of 1.3532 will argue that corrective recovery from 1.3439 has already completed, and bring retest of this […]
06/04/2024

GBP/JPY Weekly Outlook

GBP/JPY rebounded after initial dip to 190.02 but failed to break through 193.51 resistance. Initial bias remains neutral this week for more consolidations. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. On the downside, though, break of 190.02 will turn bias to the downside for 187.94 support […]
17/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6129; (P) 1.6164; (R1) 1.6219; More… EUR/AUD is staying below 1.6211 support turned resistance despite current strong rebound. Intraday bias remains neutral and further decline is still in favor. On the downside, break of 1.5996 will resume larger fall to 1.5846 support next. However, firm break of 1.6211 will argue that larger […]