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Daily Pivots: (S1) 1.0803; (P) 1.0827; (R1) 1.0858; More… No change in EUR/USD’s outlook. Further decline is expected with 1.0931 resistance intact. Fall from 1.1138 should target 1.0722 support next. Decisive break there will argue that whole rise from 1.0447 has completed, and target this low. However, on the upside, break of 1.0931 will turn […]

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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% […]
17/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1093; (P) 1.1115; (R1) 1.1156; More…. Intraday bias in EUR/USD remains neutral for the moment. On the upside, break of 1.1153 resistance will suggest that later rally is ready to resume and target 1.1200, and then 1.1274 high. On the downside, below 1.1072 minor support will turn bias back to the downside […]
12/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8498; (P) 0.8518; (R1) 0.8528; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. 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 […]