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Daily Pivots: (S1) 0.9596; (P) 0.9610; (R1) 0.9635; More… EUR/CHF is staying below 0.9630 despite today’s recovery. Intraday bias remains neutral first. As long as 0.9510 support holds, further rally is still expected. On the upside, break of 0.9630 will resume the rise from 0.9252 and target 161.8% projection of 0.9252 to 0.9471 from 0.9304 […]

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AUD/USD Daily Report

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06/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.66; (P) 150.11; (R1) 150.51; More… USD/JPY falls notably today but stays above 149.20 supports so far. Intraday bias remains neutral first. On the upside, break of 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. On the other hand, considering bearish divergence condition in 4H MACD, firm break […]
20/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9535; (P) 0.9552; (R1) 0.9582; More…. EUR/CHF is extending consolidations below 0.9579 temporary top and intraday bias remains neutral. Further rally is expected as long as 0.9448 support holds. Sustained break of 55 D EMA (now at 0.9589) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break of 0.9448 […]
02/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6779; (P) 0.6812; (R1) 0.6845; More… Intraday bias in AUD/USD stays neutral at this point. On the upside, decisive break of 0.6894 resistance will extend the rally from 0.6269 towards 0.7156 key resistance next. On the downside, however, break of 0.6796 support will indicate short term topping, on bearish divergence condition in […]