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Daily Pivots: (S1) 1.0917; (P) 1.0944; (R1) 1.0974; More… Intraday bias in EUR/USD remains neutral and further decline is mildly in favor with 1.1014 minor resistance holds. Below 1.0892 will resume the fall from 1.1138 short term top for 1.0772 support. Sustained break there will argue that whole rise from 1.0447 has completed, and break […]

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10/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6024; (P) 1.6053; (R1) 1.6071; More… Intraday bias in EUR/AUD remains neutral for the moment. Consolidation from 1.5996 could extend further. Outlook will remain bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm […]
04/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9005; (P) 0.9050; (R1) 0.9074; More…. Intraday bias in USD/CHF remains neutral for consolidation below 0.9094. On the downside, break of 55 4H EMA (now at 0.9018) will bring deeper pullback. But downside should be contained by 0.8884 resistance turned support to bring rebound. On the upside, break of 0.9094 will resume […]
09/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3492; (P) 1.3509; (R1) 1.3519; More… Intraday bias in USD/CAD remains neutral as consolidation from 1.3439 is extending. Further decline will remain in favor as long as 1.3617 resistance holds. On the downside, break of 1.3439 and sustained trading below 61.8% retracement of 1.3091 to 1.3946 at 1.3418 will pave the way […]