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Daily Pivots: (S1) 1.0820; (P) 1.0873; (R1) 1.0965; More….. EUR/USD’s strong break of 1.0947 resistance confirms resumption of the rise from 1.0665. Intraday bias remains on the upside for 100% projection of 1.0665 to 1.0947 from 1.0776 at 1.1056 next. On the downside, below 1.0932 minor support will turn intraday bias neutral and bring consolidations, […]

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EUR/CHF Daily Outlook

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20/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 142.41; (P) 143.68; (R1) 145.12; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. Upside of current recovery should be limited below 156.48 resistance to bring another decline. Firm break of 140.94 will resume the whole fall from 151.89. Next target will be next fibonacci level at 136.63. In the […]
12/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8770; (P) 0.8793; (R1) 0.8807; More…. Intraday bias in USD/CHF stays neutral at this point. Further rise remains in favor with 0.8727 minor support intact. Above 0.8819 will resume the rebound from 0.8665 short term bottom to 0.8886 support turned resistance first. However, firm break of 0.8727 will retain near term bearishness, […]
02/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6422; (P) 1.6461; (R1) 1.6511; More… Intraday bias in EUR/AUD is back on the upside with break of 1.6512 minor resistance. Further rise would be seen to 1.6671 resistance first. Decisive break there will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally […]