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Daily Pivots: (S1) 0.8776; (P) 0.8818; (R1) 0.8858; More… No change in USD/CHF’s outlook and intraday bias stays on the downside. Fall from 0.9223 is in progress for 61.8% retracement of 0.8332 to 0.9223 at 0.8672. For now, risk will stay on the downside as long as 0.8923 resistance holds, in case of recovery. In […]

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AUD/USD Daily Report

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31/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6523; (P) 0.6543; (R1) 0.6556; More… AUD/USD’s fall from 0.6798 resumes today and hits as low as 0.6479 so far. Intraday bias is back on the downside for 0.6361 support first. Firm break there will target 0.6269 low. On the upside though, above 0.6567 resistance will turn intraday bias neutral first. In […]
20/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.76; (P) 157.94; (R1) 158.27; More… Intraday bias in USD/JPY is back on the upside with break of 158.25 temporary top. Choppy rise from 151.86 has resumed and is now targeting a retest on 160.20 high. But upside should be limited there, at least on first attempt. On the downside, below 157.59 […]
27/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8457; (P) 0.8472; (R1) 0.8487; More….. Intraday bias in USD/CHF remains on the downside for retesting 0.8431 support. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8540 minor resistance will turn intraday bias neutral. But risk will stay on the downside as long as […]