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Daily Pivots: (S1) 1.3850; (P) 1.3905; (R1) 1.3992; More… USD/CAD is still bounded in range below 1.3958 and intraday bias stays neutral. On the downside break of 1.3822 will bring deeper pullback. But downside should be contained by 55 D EMA (now at 1.3736). On the upside, decisive break of 1.3976 will resume larger up […]

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07/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9405; (P) 0.9427; (R1) 0.9437; More… Intraday bias in EUR/CHF stays on the downside with focus on 0.9407 low. Decisive break there will confirm resumption of larger down trend. On the upside, above 0.9467 minor resistance will delay the bearish case and turn intraday bias neutral for consolidation first. In the bigger […]
20/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6572; (P) 1.6626; (R1) 1.6692; More… Intraday bias in EUR/AUD remains on the upside for retesting 1.6742 resistance first. Decisive break there will resume whole rise from 1.6127 and target 1.6844 resistance next. For now, near term outlook will remain cautiously bullish as long as 1.6439 support holds, in case of retreat. […]
29/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0816; (P) 1.0851; (R1) 1.0889; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0812. Further decline is mildly in favor as long as 1.0931 resistance holds. On the downside, break of 1.0812 will resume the fall from 1.1138 to 1.0722 support. On the upside, above 1.0931 […]