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Daily Pivots: (S1) 1.0906; (P) 1.0936; (R1) 1.0961; More… Intraday bias in EUR/USD remains neutral as range trading continues. 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 high instead. In […]

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AUD/USD Daily Report

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29/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1087; (P) 1.1138; (R1) 1.1170; More…. EUR/USD’s retreat from 1.1200 extends lower today, but stays well above 1.1007 resistance turned support. Intraday bias remains neutral and larger rally is still expected to continue. On the upside, break of 1.1200 will resume recent rally to 161.8% projection of 1.0665 to 1.0947 from 1.0776 […]
12/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6639; (P) 0.6657; (R1) 0.6693; More… AUD/USD recovered after dipping to 0.6621 briefly and intraday bias is turned neutral first. Some consolidations would be seen but risk will stay on the downside as long as 0.6766 resistance holds. Break of 0.6621 and sustained trading below 38.2% retracement of 0.6348 to 0.6823 at […]
04/02/2024

USD/CHF Weekly Outlook

USD/CHF dipped further to 0.8550 last week but recovered since then. Initial bias remains neutral this week first On the upside, above 0.8727 will resume the rebound from 0.8332, and target 61.8% retracement of 0.9243 to 0.8332 at 0.8995. On the downside, below 0.8550 will resume the fall from 0.8727 for 0.8487 support. In the […]