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Daily Pivots: (S1) 162.74; (P) 163.20; (R1) 163.62; More…. EUR/JPY’s rebound from 154.40 finally resumed by breaking through 163.86 resistance. Intraday bias is back on the upside for 61.8% retracement of 175.41 to 154.40 at 167.38. Su stained break there will pave the way to retest 175.41 high. On the downside, break of 161.83 support […]

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01/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6368; (P) 1.6433; (R1) 1.6544; More… Intraday bias in EUR/AUD remains neutral at this point. Further decline is expected as long as 1.6484 resistance holds. Below 1.6288 will resume the fall from 1.6742 to 1.6127 support, or further to 100% projection of 1.7062 to 1.6127 from 1.6742 at 1.5807. However, break of […]
10/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9290; (P) 0.9306; (R1) 0.9332; More… Intraday bias in EUR/CHF stays neutral as consolidation from 0.9252 is still extending. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection […]
01/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6496; (P) 0.6526; (R1) 0.6572; More… Intraday bias in AUD/USD is turned neutral first with current recovery, and some more consolidations would be seen above 0.6479. Further decline is expected as long as 0.6609 minor resistance holds. Below 0.6479 will resume the decline from 0.6798 to 0.6361 support first. Firm break there […]