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Daily Pivots: (S1) 0.8839; (P) 0.8859; (R1) 0.8898; More… Intraday bias in USD/CHF is turned neutral first with current recovery and break of 0.8884 minor resistance. Some consolidations would be seen above 0.8819 temporary low. But further decline is expected as long as 0.9049 resistance holds. Break of 0.8819 will resume the fall from 0.9223 […]

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09/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6280; (P) 1.6332; (R1) 1.6388; More… Intraday bias in EUR/AUD stays neutral for the moment as consolidation from 1.6216 is still extending. Further decline is expected as long as 1.6494 resistance holds. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 will turn […]
12/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3740; (P) 1.3766; (R1) 1.3784; More… Intraday bias in USD/CAD is turned neutral with current retreat. Further rise is expected as long as 55 4H EMA (now at 1.3711) holds. Correction from 1.3845 might have completed at 1.3589 already. Above 1.3790 will bring retest of 1.3845 high. However, sustained break of 55 […]
17/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 155.58; (P) 156.12; (R1) 157.09; More…. Intraday bias in EUR/JPY is turned neutral again with current recovery, and some consolidations would be seen. But further decline is expected as long as 158.71 resistance holds. Decisive break of 154.40 low will resume whole decline from 175.41 to 153.15 support, and possibly further to […]