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Daily Pivots: (S1) 155.60; (P) 156.01; (R1) 156.68; More… Intraday bias in USD/JPY is turned neutral first with current retreat, and some consolidations could be seen below 156.74 temporary top. Outlook will stay bullish as long as 151.27 support holds, in case of retreat. On the upside, above 156.74 will resume the rally from 139.57 […]

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06/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8901; (P) 0.8925; (R1) 0.8959; More…. Intraday bias in USD/CHF remains neutral for the moment. Strong rebound from current level, followed by break of 0.8987 support turned resistance, will suggest that correction from 0.9223 has completed, and retain near term bullishness. However, sustained break of 0.8883 fibonacci level will carry larger bearish […]
19/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6093; (P) 1.6172; (R1) 1.6212; More… EUR/AUD’s down trend resumed by breaking through 1.6148 temporary low and intraday bias is back on the downside. Next target is 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. On the upside, above 1.6148 minor resistance will turn intraday bias neutral and bring consolidations […]
22/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9644; (P) 0.9668; (R1) 0.9698; More…. Intraday bias in EUR/CHF stays neutral for the moment. Strong bounce from current level will maintain near term bullishness. Break of 0.9972 will resume the rally from 0.9772. However, firm break of 38.2% retracement of 0.9476 to 0.9772 at 0.9659 will extend the fall from 0.9772 […]