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Daily Pivots: (S1) 0.9346; (P) 0.9362; (R1) 0.9390; More…. EUR/CHF recovered after drawing support from 0.9332 and intraday bias remains neutral. On the downside, firm break of 0.9332 resume the fall from 0.9579 towards 0.9209, and argue that larger down trend might be ready to resume too. On the upside, though, break of 0.9506 will […]

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04/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6165; (P) 1.6221; (R1) 1.6281; More.. Another fall could still be seen in EUR/AUD with 1.6313 minor resistance holds. But considering bullish convergence condition in 4H MACD, stronger support could be seen from 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 to bring rebound. On the upside, firm break of […]
01/11/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3902; (P) 1.3923; (R1) 1.3956; More… Intraday bias in USD/CAD remains on the upside and further rise would be seen to retest 1.3946/76 resistance zone. Decisive break there will confirm larger up trend resumption. On the downside, below 1.3875 minor support will turn intraday bias and bring consolidations first. In the bigger […]
18/10/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0803; (P) 1.0839; (R1) 1.0866; More…. Intraday bias in EUR/USD is turned neutral with current recovery. Some consolidations would be seen above 1.0810 temporary low first. But outlook will stay bearish as long as 1.0954 resistance holds. Below 1.0810 will resume the fall from 1.1213 to 61.8% retracement of 1.0447 to 1.1213 […]