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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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19/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8409; (P) 0.8445; (R1) 0.8498; More… Sideway trading continues in USD/CHF and intraday bias remains neutral. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, considering bullish convergence condition in 4H MACD, break of 0.8548 […]
02/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3528; (P) 1.3558; (R1) 1.3600; More… Range trading continues in USD/CAD and intraday bias stays neutral. On the upside, decisive break of 1.3612 resistance will resume whole rise from 1.3176 towards 1.3897 resistance. On the downside, firm break of 1.3419 support will argue that rebound from 1.3176 has completed. Near term outlook […]
09/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.42; (P) 142.66; (R1) 143.54; More… Intraday bias in USD/JPY remains on the downside with focus on 141.67 support. Firm break there will resume whole decline from 161.95 high, for 140.25 support next. On the upside, above 144.22 minor resistance will turn intraday bias neutral first. But risk will stay on the […]