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Daily Pivots: (S1) 0.8748; (P) 0.8772; (R1) 0.8796; More…. USD/CHF is staying in tight range above 0.8728 and intraday bias stays neutral. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have completed, and bring deeper fall to 0.8550 support. Nevertheless, strong bounce from current level will retain […]

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21/09/2024

EUR/AUD Weekly Outlook

EUR/AUD’s extended decline last week suggests that rebound from 1.6256 has completed at 1.6629 already. Nevertheless, as a temporary low was formed at 1.6315, initial bias is neutral this week first. Risk will stay on the downside as long as 1.6629 resistance holds. Below 1.6315 will bring retest of 1.6256. Firm break there will resume […]
28/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0813; (P) 1.0826; (R1) 1.0841; More… EUR/USD’s fall from 1.0980 resumed by breaking through temporary low. Intraday bias is back on the downside for 1.0694 support first. Break there will resume the whole decline from 1.1138 and target 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536. Nevertheless, break of 1.0863 […]
13/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6566; (P) 0.6585; (R1) 0.6606; More… Intraday bias in AUD/USD stays mildly on the upside despite loss in momentum as seen in 4H MACD. Sustained break of 55 D EMA (now at 0.6612) will target 0.6798 resistance. On the downside, break of 0.6506 minor support will indicate rejection by the 55 D […]