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Daily Pivots: (S1) 1.1008; (P) 1.1030; (R1) 1.1052; More…. EUR/USD’s break of 1.1001 cluster support (38.2% retracement of 1.0665 to 1.1213 at 1.1004) argues that whole rally from 1.0665 has completed at 1.1213. Intraday bias is back on the downside for 61.8% retracement at 1.0874 and possibly below. On the upside, above 1.1039 minor resistance […]

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USD/CHF Mid-Day Outlook

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EUR/AUD Weekly Outlook

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18/10/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8637; (P) 0.8653; (R1) 0.8677; More… Intraday bias in USD/CHF stays on the upside as rise from 0.8374 is in progress. Sustained break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should then be seen to 61.8% […]
25/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0821; (P) 1.0844; (R1) 1.0861; More….. Intraday bias in EUR/USD stays on the downside, and fall from 1.0947 short term top should extend to 55 D EMA (now at 1.0813). Sustained break there will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947, and target 1.0601/0665 support […]
01/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3777; (P) 1.3818; (R1) 1.3849; More… Intraday bias in USD/CAD remains neutral for the moment. Further rally is expected as long as 1.3796 support holds. Rise from 1.3176 should be resuming and next target is 61.8% projection of 1.3176 to 1.3845 from 1.3588 at 1.4025. On the downside, below 1.3796 minor support […]