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Daily Pivots: (S1) 1.0922; (P) 1.0951; (R1) 1.0978; More… Intraday bias in EUR/USD stays neutral for the moment, and outlook is unchanged. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 support next. However, break of 1.0997 will turn bias back to the upside for retesting 1.1138 […]

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02/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6390; (P) 1.6442; (R1) 1.6477; More… Intraday bias in EUR/AUD remains neutral and outlook is unchanged. 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 […]
08/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8939; (P) 0.8973; (R1) 0.8992; More… USD/CHF’s break of 0.8956 minor support suggests that rebound from 0.8825 has completed at 0.9049, after rejection by falling channel resistance. Also, fall from 0.9223 is not completed yet. Intraday bias is back on the downside for retesting 0.8825 low next. For now, risk will stay […]
12/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 168.24; (P) 168.83; (R1) 169.37; More… Intraday bias in EUR/JPY remains neutral as range trading continues. On the downside, break of 168.01 support will strengthen the case that rise from 164.31 has completed at 170.78 already. Intraday bias will be back on the downside for 167.31 support, and then 164.01. Nevertheless, break […]