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Daily Pivots: (S1) 1.0760; (P) 1.0783; (R1) 1.0806; More… Further decline is expected in EUR/USD despite loss of downside momentum as seen in 4H MACD. Firm break of 61.8% retracement of 1.0447 to 1.1213 at 1.0740 will extend the fall from 1.1213 to 1.0601 support next. Nevertheless, break of 1.0871 will indicate short term bottoming, […]

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USD/CHF Mid-Day Outlook

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AUD/USD Daily Report

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19/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8809; (P) 0.8860; (R1) 0.8892; More…. USD/CHF decline is still in progress and intraday bias remains neutral. Rise from 0.8332 could have completed at 0.9223, ahead of 0.9243 key resistance. Further fall would be seen to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. On the upside, above 0.8880 will turn […]
10/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.00; (P) 167.38; (R1) 168.01; More… Intraday bias in EUR/JPY stays on the upside for the moment. Rebound from 164.01 is seen as the second leg of the corrective pattern from 171.58. Further rise would be seen to 168.64 resistance. On the downside, below 165.63 minor support will turn intraday bias neutral […]
21/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9490; (P) 0.9531; (R1) 0.9582; More…. Intraday bias in EUR/CHF remains neutral for consolidation above 0.9476. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 0.9683 resistance holds, and fall from 0.9928 is expected to resume later. Below 0.9476 will target 61.8% retracement of 0.9252 to 0.9928 […]