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Daily Pivots: (S1) 0.6215; (P) 0.6244; (R1) 0.6300; More… Intraday bias in AUD/USD is turned neutral first with current recovery. But outlook is unchanged that corrective rebound from 0.6087 should have completed at 0.6407, ahead of 38.2% retracement of 0.6941 to 0.6087 at 0.6413. On the downside, below 0.6186 will resume the fall from 0.6407 […]

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22/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9032; (P) 0.9084; (R1) 0.9156; More…. USD/CHF is extending the consolidation pattern from 0.9151 and intraday bias stays neutral. Further rally is expected as long as 0.8996 support holds. Break of 0.9151 will resume the larger rise from 0.8332 to 0.9243 resistance. However, firm break of 0.8996 will turn bias to the […]
19/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 155.11; (P) 155.71; (R1) 156.59; More.. EUR/JPY’s breach of 157.67 resistance suggest that rebound from 153.15 is resuming. Intraday bias is back on the upside for 55 D EMA (now at 159.00). On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at […]
01/10/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8415; (P) 0.8445; (R1) 0.8486; More… Intraday bias in USD/CHF remains neutral as range trading continues. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. Nevertheless, firm break of 0.8548 will turn bias back to the […]