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Daily Pivots: (S1) 0.8587; (P) 0.8611; (R1) 0.8634; More…. While EUR/GBP’s recovery from 0.8548 extended, it’s capped below 0.8648 support turned resistance. Intraday bias stays neutral and outlook further decline is expected. On the downside, break of 0.8548 will resume the fall from 0.8764 to 0.8491 support next. Firm break there will resume larger down […]

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EUR/AUD Daily Outlook

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08/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6531; (P) 0.6565; (R1) 0.6582; More… AUD/USD recovered after hitting 0.6524 and intraday bias is turned neutral first. Some consolidations would be seen, but risk stays mildly on the downside as long as 0.6689 resistance holds. Break of 0.6524 will resume the fall from 0.6689 short term top to 55 D EMA […]
22/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9873; (P) 0.9884; (R1) 0.9897; More…. Intraday bias in EUR/CHF is turned neutral first as it continued to lose upside momentum ahead of 61.8% projection of 0.9304 to 0.9847 from 0.9563 at 0.9899. Further rally is expected as long as 0.9835 resistance turned support holds. Firm break of 0.9899 will pave the […]
26/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8444; (P) 0.8475; (R1) 0.8536; More… No change in USD/CHF’s outlook as range trading continues and intraday bias stays neutral. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, break of 0.8548 resistance will confirm […]