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EUR/GBP stayed in consolidation above 0.8294 last week and outlook is unchanged. Initial bias remains neutral this week first. Further decline is expected as long as 0.8433 resistance holds. Break of 0.8294 will resume larger down trend to 0.8201 key support next. Strong support could be seen from there to bring rebound. In the bigger […]

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EUR/AUD Weekly Outlook

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05/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8678; (P) 0.8717; (R1) 0.8766; More…. Intraday bias in USD/CHF stays neutral and outlook is unchanged. Another fall is in favor as long as 0.8769 minor resistance holds. Below 0.8665 will resume the decline from 0.9243 to 161.8% projection of 0.9243 to 0.8886 from 0.9111 at 0.8533, which is close to 0.8551 […]
23/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8878; (P) 0.8890; (R1) 0.8909; More… Intraday bias in USD/CHF is back on the upside with break of 0.8914 support turned resistance. Further rally should be seen to 55 D EMA (now at 0.8967) and possibly above. But still, break of 0.9049 resistance is needed to confirm that fall from 0.9223 has […]
09/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6398; (P) 1.6456; (R1) 1.6500; More.. Intraday bias in EUR/AUD remains neutral first. On the downside, break of 1.6412 and sustained trading below 1.6439 support will argue that whole rebound from 1.6127 has completed, and turn near term outlook bearish for this support again. Nevertheless, strong rebound from current level, followed by […]