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Daily Pivots: (S1) 1.0399; (P) 1.0414; (R1) 1.0439; More…. Intraday bias in EUR/USD remains neutral for the moment. While stronger recovery cannot be ruled out, outlook will remain bearish as long as 1.0629 resistance holds. Firm break of 1.0330 will confirm decline resumption and target 61.8% projection of 1.0936 to 10330 from 1.0629 at 1.0254, […]

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29/09/2024

USD/CHF Weekly Outlook

Range trading continued in USD/CHF last week and outlook is unchanged. Further decline is in favor with 0.8548 resistance intact. 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. Nevertheless, firm break of 0.8548 will turn bias back to […]
20/12/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8951; (P) 0.8990; (R1) 0.9027; More… Intraday bias in USD/CHF is turned neutral first with current retreat and some consolidations would be seen below 0.9020 temporary top. But further rally is expected as long as 0.8735 support holds. On the upside, break of 0.9020 will resume the rally from 0.8374. Next target […]
19/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6619; (P) 0.6639; (R1) 0.6676; More… Range trading continues in AUD/USD and intraday bias remains neutral. Further rally remains in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance next. However, […]