EUR/USD Daily Outlook

Daily Pivots: (S1) 0.9390; (P) 0.9428; (R1) 0.9500; More…. Intraday bias in EUR/CHF remains neutral and further decline is expected with 0.9476 support turned resistance intact. On the downside, below 0.9354 minor support will bring retest of 0.9209 first. Firm break there will resume larger fall from 0.9928 to 161.8% projection of 0.9928 to 0.94767 […]

Daily Pivots: (S1) 0.6549; (P) 0.6562; (R1) 0.6572; More… AUD/USD’s fall from 0.6666 is in progress and intraday bias stays on the downside for 0.6476 support. Break there will argue that decline from 0.6870 is ready to resume through 0.6442 low. On the upside, break of 0.6583 minor resistance will turn intraday bias neutral first. […]

Daily Pivots: (S1) 0.6580; (P) 0.6602; (R1) 0.6643; More… AUD/USD’s rebound extends to as high as 0.6629 so far today, breaking 38.2% retracement of 0.6877 to 0.6442 at 0.6605. Current upside acceleration as seen in 4H MACD indicates that further rally is underway. Intraday bias stays on the upside for 61.8% retracement at 0.6707 next. […]