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Daily Pivots: (S1) 0.6357; (P) 0.6403; (R1) 0.6431; More… Intraday bias in AUD/USD is turned neutral first. On the upside, above 0.6448 will resume the rebound from 0.5913 to 61.8% retracement of 0.6941 to 0.5913 at 0.6548. However, firm break of 0.6343 support will confirm short term topping, and turn bias back to the downside […]

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USD/CAD Daily Outlook

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29/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3417; (P) 1.3450; (R1) 1.3486; More… Intraday bias in USD/CAD remains neutral for consolidations below 1.3540. Further rally is in favor as long as 1.3414 support holds. Fall from 1.3897 should have completed at 1.3716. Break of 1.3540 will target 1.3617 cluster resistance (61.8% retracement of 1.3897 to 1.3176 at 1.3622). Decisive […]
10/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9670; (P) 0.9693; (R1) 0.9708; More…. EUR/CHF’s fall from 0.9928 resumed today and intraday bias is back on the downside for 0.9563 support. Decisive break there will argue that whole rise from 0.9252 has completed, and bring deeper fall to 61.8% retracement of 0.9252 to 0.9928 at 0.9510. On the upside, above […]
01/05/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1298; (P) 1.1349; (R1) 1.1381; More… Intraday bias in EUR/USD stays on the downside for the moment. Correction from 1.1572 is in progress for 100% projection of 1.1572 to 1.1306 from 1.1424 at 1.1158. But downside should be contained by 38.2% retracement of 1.0176 to 1.1572 at 1.1039 to complete the correction. […]