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Daily Pivots: (S1) 0.6498; (P) 0.6516; (R1) 0.6551; More… AUD/USD is extending consolidations from 0.6440 and intraday bias remains neutral. Outlook will stay bearish as long as 0.6687 resistance holds. On the downside, decisive break of 61.8% projection of 0.6941 to 0.6511 from 0.6687 at 0.6421 will resume the fall from 0.6941 to 100% projection […]

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31/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9319; (P) 0.9343; (R1) 0.9370; More… Intraday bias in EUR/CHF is turned neutral first with current recovery. While fall from 0.9471 could extend lower, strong support is still expected above 0.9252 low to bring rebound. On the upside, above 0.9388 minor resistance will turn bias back to the upside. Further break of […]
12/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0715; (P) 1.0745; (R1) 1.0769; More…. Intraday bias in EUR/USD is turned neutral first with 4H MACD crossed above signal line. Further fall is in favor as long as 55 4H EMA (now at 1.0814) holds. Decline from 1.0915 is seen as another falling leg of the corrective pattern from 1.1274. Break […]
12/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3465; (P) 1.3488; (R1) 1.3505; More… Intraday bias in USD/CAD stays neutral and outlook is unchanged. On the downside, break of 1.3419 and sustained trading below 1.3439 support will argue that rebound from 1.3176 has completed as a corrective move to 1.3605. Near term outlook will be turned bearish for 1.3357 support […]