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Daily Pivots: (S1) 0.9281; (P) 0.9323; (R1) 0.9389; More… Intraday bias in EUR/CHF remains on the downside for the moment. Current fall would target 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next. On the upside, above 0.9347 minor resistance will turn intraday bias neutral first. But outlook will stay bearish as long […]

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20/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8802; (P) 0.8819; (R1) 0.8841; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.8884 is still extending. Further rally is expected as long as 0.8727 resistance turned support holds. On the upside, break of 0.8885 will resume the rise from 0.8332 and target and 100% projection of 0.8332 to 0.8727 […]
10/04/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3546; (P) 1.3572; (R1) 1.3598; More… Intraday bias in USD/CAD is back on the upside with break of 1.3646 resistance. Firm break of channel resistance would prompt upside acceleration, and extend the rally from 1.3176 to 1.3897 resistance next. On the downside, below 1.3554 minor support will turn intraday bias neutral again. […]
19/02/2024

EUR/AUD Weekly Outlook

Sideway trading continued in EUR/AUD last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for confirmation. Nevertheless, below […]