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Daily Pivots: (S1) 0.8876; (P) 0.8921; (R1) 0.8946; More…. USD/CHF is still bounded in range above 0.8880 and intraday bias stays neutral. On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring deeper decline. On the upside, firm break of 0.8987 support turned resistance will argue that correction from […]

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27/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.72; (P) 170.11; (R1) 170.64; More… Intraday bias in EUR/JPY remains on the upside for 61.8% projection of 164.01 to 169.38 from 167.31 at 170.62, and then 171.58 high. On the downside, break of 169.05 minor support will intraday bias neutral first. Further break of 167.31 should turn bias back to the […]
30/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6340; (P) 1.6423; (R1) 1.6470; More… Intraday bias in EUR/AUD remains on the downside as fall from 1.6771 is in progress. This decline is seen as part of the larger correction from 1.7062. Next target is 1.6127 and possibly below. On the upside, though, above 1.6512 minor resistance will flip bias back […]
30/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.95; (P) 168.26; (R1) 170.86; More… Intraday bias in EUR/JPY remains neutral as consolidation from 171.58 short term top is extending. Overall outlook will remain bullish as long as 165.33 resistance turned support holds. Above 171.58 will resume larger up trend to 178.39 projection level next. In the bigger picture, current rally […]