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Daily Pivots: (S1) 0.5907; (P) 0.6120; (R1) 0.6252; More… Intraday bias in AUD/USD stays on the downside for the moment. Current fall from 0.6941 should target 61.8% projection of 0.6941 to 0.6087 from 0.6388 at 0.5860. On the upside, above 0.6062 minor resistance will turn intraday bias neutral and bring consolidations first. In the bigger […]

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05/12/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8821; (P) 0.8851; (R1) 0.8874; More… USD/CHF is still bounded in consolidations below 0.8956 and intraday bias remains neutral. Further rise is expected with 0.8800 support intact. On the upside, break of 0.8956 will resume the rally from 0.8374, and target 0.9223 key resistance next. However, firm break of 0.8800 will confirm […]
06/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0893; (P) 1.0951; (R1) 1.1009; More….. Intraday bias in EUR/USD is turned neutral with break of 1.0932 minor support. Some consolidations would be seen below 1.1007 first. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, break of 1.1007 will resume recent rally […]
05/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8588; (P) 0.8634; (R1) 0.8716; More…. Intraday bias in USD/CHF remains neutral for the moment. On the upside, above 0.8727 will resume the rebound from 0.8332, and target 61.8% retracement of 0.9243 to 0.8332 at 0.8995. On the downside, below 0.8550 will resume the fall from 0.8727 for 0.8487 support. In the […]