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Daily Pivots: (S1) 1.0802; (P) 1.0826; (R1) 1.0849; More….. Intraday bias in EUR/USD remains neutral for consolidation above 1.0797 temporary low. Further decline decline is expected with 1.0869 resistance intact. Sustained break of 55 D EMA (now at 1.0815) will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947. Deeper […]

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10/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6602; (P) 0.6624; (R1) 0.6649; More… Intraday bias in AUD/USD remains on the upside at this point. Rise from 0.6480 is seen as the third leg of the pattern from 0.6442. Further rally would be seen to 0.6666 resistance, and then 100% projection of 0.6442 to 0.6666 from 0.6480 at 0.6704. Nevertheless, […]
27/04/2024

USD/CHF Weekly Outlook

USD/CHF breached 0.9151 resistance briefly but retreated back into established range. Initial bias remains neutral and more consolidations could be seen. On the upside, firm break of 0.9151 will resume the rally from 0.8332 and should target 0.9243 key resistance next. On the downside, break of 0.9085 will turn bias to the downside for deeper […]
26/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8923; (P) 0.8938; (R1) 0.8964; More…. Intraday bias in USD/CHF remains neutral for the moment. While recovery from 0.8825 might still extend, near term outlook will stay bearish with 0.8992 resistance intact. Below 0.8912 minor support will bring retest of 0.8825 low. Firm break there will resume the fall from 0.9223 to […]