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Daily Pivots: (S1) 0.9519; (P) 0.9576; (R1) 0.9633; More…. EUR/CHF spiked higher to 0.9626 but quickly reversed. Overall, range trading is still in progress and intraday bias remains neutral. On the upside, break of 0.9660 will resume larger rise from 0.9204. However, sustained break of 0.9489 will bring deeper fall back to 0.9331 support next. […]

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EUR/AUD Daily Outlook

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17/04/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.7772; (P) 1.7858; (R1) 1.7976; More… EUR/AUD is still extending the consolidation pattern from 1.8554 short term top and intraday bias remains neutral. Downside of the pull back should be contained by 38.2% retracement of 1.5963 to 1.8854 at 1.7750. On the upside, firm break of 1.8554 will resume larger up trend. […]
13/07/2024

GBP/JPY Weekly Outlook

GBP/JPY retreated sharply after edging higher to 208.09 last week. Considering bearish divergence condition in 4H MACD, a short term top should be in place. Deeper pullback could be seen through 203.82 temporary low. But downside should be contained by 38.2% retracement of 191.34 to 208.09 at 201.69 to bring rebound, and set the range […]
16/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6071; (P) 1.6102; (R1) 1.6148; More… EUR/AUD rebounded strongly as consolidation from 1.5996 extends. But outlook is unchanged with 1.6211 support turned resistance intact. Intraday bias stays neutral and further decline is expected. On the downside, break of 1.5996 will resume larger fall to 1.5846 support next. In the bigger picture, fall […]