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Daily Pivots: (S1) 1.0962; (P) 1.0980; (R1) 1.0998; More…. EUR/USD dips mildly today but stays above 1.0950 temporary low. Intraday bias remains neutral at this point. Further decline is expected as long as 1.1043 resistance holds. Below 1.0950 will target 38.2% retracement of 1.0447 to 1.1213 at 1.0920. Sustained break there will argue that fall […]

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17/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6378; (P) 0.6413; (R1) 0.6437; More… Intraday bias remains on the downside for the moment. Current fall is part of the larger down trend and should target 61.8% projection of 0.6870 to 0.6442 from 0.6643 at 0.6378. Decisive break there will pave the way to 0.6269 low, and possibly further to 100% […]
07/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9591; (P) 0.9611; (R1) 0.9634; More… Intraday bias in EUR/CHF stays on the upside despite diminishing upside momentum. Rise from 0.9252 is in progress for 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. On the downside, below 0.9582 minor support will turn intraday bias neutral and bring consolidations first, […]
12/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8498; (P) 0.8518; (R1) 0.8528; More…. Intraday bias in USD/CHF stays neutral for the moment. Consolidation from 0.8332 is extending and stronger recovery cannot be ruled out. But outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall from 0.9243 […]