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Daily Pivots: (S1) 1.6660; (P) 1.6717; (R1) 1.6768; More… EUR/AUD’s break of 1.6800 resistance indicates resumption of whole rise from 1.5963. Intraday bias stays on the upside for 61.8% projection of 1.5963 to 1.6800 from 1.6355 at 1.6872. Firm break there could prompt upside acceleration to 100% projection at 1.7192, which is close to 1.7180 […]

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EUR/USD Mid-Day Outlook

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EUR/USD Daily Outlook

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13/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3682; (P) 1.3722; (R1) 1.3764; More… Despite steep retreat, USD/CAD recovered strongly ahead of 1.2662 support. Intraday bias stays neutral first. On the upside, above 1.3790 will resume the rebound from 1.3589 to retest 1.3845 high. Firm break there will resume larger rally. Nevertheless, break of 1.3662 will turn bias to the […]
20/01/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.39; (P) 155.88; (R1) 156.79; More… Intraday bias in USD/JPY remains neutral, and risk will stay on the downside as long as 158.86 short term top holds. On the downside, below 154.97 will target 55 D EMA (now at 154.59). Sustained break there will target 38.2% retracement of 139.57 to 158.86 at […]
07/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8678; (P) 0.8710; (R1) 0.8729; More…. USD/CHF retreated after failing to sustain above 0.8727 resistance. Intraday bias is turned neutral again. For now, further rally is expected as long as 0.8550 support holds. Break of 0.8740 will resume the rebound from 0.8332 to 61.8% retracement of 0.9243 to 0.8332 at 0.8995 next. […]