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Daily Pivots: (S1) 0.8678; (P) 0.8717; (R1) 0.8766; More…. USD/CHF is staying in consolidation from 0.8665 and intraday bias stays neutral. Another fall is in favor as long as 0.8769 minor resistance holds. Below 0.8665 will resume the decline from 0.9243 to 161.8% projection of 0.9243 to 0.8886 from 0.9111 at 0.8533, which is close […]

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10/04/2024

AUD/USD Mid-Day Report

Daily Pivots: (S1) 0.6602; (P) 0.6624; (R1) 0.6649; More… AUD/USD’s break of 0.6548 suggests that rebound from 0.6480 has completed at 0.6643. Intraday bias is back on the downside for 0.6480 support. Firm break there will argue that whole fall from 0.6870 is ready to resume through 0.6442 support. For now, risk will stay mildly […]
21/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0920; (P) 1.0953; (R1) 1.0975; More… EUR/USD rebounds notably today but stays below 1.1008/1016 resistance zone. Intraday bias remains neutral first. Another retreat cannot be ruled out. But further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to […]
30/08/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8418; (P) 0.8456; (R1) 0.8512; More….. Intraday bias in USD/CHF remains neutral as consolidations continues above 0.8399. Further decline is expected as long as 0.8540 minor resistance holds. Break of 0.8339 will resume the decline from 0.9223 and target 61.8% projection of 0.9049 to 0.8431 from 0.8747 at 0.8365, and then 0.8332 […]