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Daily Pivots: (S1) 0.8698; (P) 0.8736; (R1) 0.8762; More… Intraday bias in USD/CHF remains neutral fro consolidations below 0.9773 temporary top. Further rally is still expected as long as 0.8614 support holds. Above 0.8773 will resume the rise from 0.8374 for 61.8% retracement of 0.9223 to 0.8374 at 0.8899 next. In the bigger picture, price […]

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15/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6490; (P) 1.6549; (R1) 1.6584; More… EUR/AUD is still bounded in sideway trading and intraday bias remains neutral. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for […]
10/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1016; (P) 1.1053; (R1) 1.1073; More…. Outlook in EUR/USD remains unchanged and intraday bias stays neutral. Consolidation from 1.1200 could extend with deeper pull back, but downside should be contained by 38.2% retracement of 1.0665 to 1.1200 at 1.0996 to bring rebound. Break of 1.1200 will resume larger rise towards 1.1274 high. […]
08/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8727; (P) 0.8754; (R1) 0.8780; More…. Intraday bias in USD/CHF stays mildly on the upside for the moment. As short term bottom should be in place at 0.8665, on bullish convergence condition in 4H MACD. Further rally would be seen to 0.8886 support turned resistance first. Decisive break there will indicate that […]