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Daily Pivots: (S1) 0.6313; (P) 0.6348; (R1) 0.6380; More… Intraday bias in AUD/USD is turned neutral first with current retreat. Further rally is expected as long as 55 4H EMA (now at 0.6239) holds. Firm break of 0.6407 resistance will extend the rise from 0.5913 to 61.8% retracement of 0.6941 to 0.5913 at 0.6548, even […]

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15/06/2024

USD/JPY Weekly Outlook

USD/JPY’s choppy rise from 151.86 resumed by breaching 157.70 resistance last week. Initial bias stays mildly on the upside this week. Further rally could be seen to retest 160.20 high. But upside should be limited there, at least on first attempt. On the downside, below 156.57 minor support will turn intraday bias neutral first. In […]
22/01/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9419; (P) 0.9439; (R1) 0.9464; More…. Intraday bias in EUR/CHF remains mildly on the upside at this point. While further rally would be seen, strong resistance is expected from 0.9481 fibonacci level to complete the corrective rebound from 0.9204. On the downside, below 0.9365 minor support will turn bias to the downside […]
29/01/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9418; (P) 0.9442; (R1) 0.9455; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. On the downside, firm break of 0.9242 support will indicate rejection by 38.2% retracement of 0.9928 to 0.9204 at 0.9481. Deeper fall would then be seen back to channel support (now at 0.9377). However, strong rebound […]