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Daily Pivots: (S1) 1.7455; (P) 1.7515; (R1) 1.7566; More… EUR/AUD’s fall from 1.8554 resumed after brief recovery and intraday bias is back on the downside. Sustained break of 55 D EMA (now at 1.7420) will target 61.8% retracement at 1.6953. On the upside, though, break of 1.7886 resistance will turn bias back to the upside […]

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21/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 150.71; (P) 151.26; (R1) 151.80; More… Intraday bias in USD/JPY remains neutral as consolidations continue below 151.82 temporary top. Further rise is expected as long as 55 4H EMA (now at 149.63) holds. On the upside, decisive break of 151.93 key resistance will confirm long term up trend resumption. Next near term […]
17/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8876; (P) 0.8921; (R1) 0.8946; More…. USD/CHF is still bounded in range above 0.8880 and intraday bias stays neutral. On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring deeper decline. On the upside, firm break of 0.8987 support turned resistance will argue that correction from […]
06/02/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0368; (P) 1.0405; (R1) 1.0440; More… Intraday bias in EUR/USD stays neutral as consolidation from 1.0176 continues. Strong resistance is expected from 1.0531 to limit upside. On the downside, break of 1.0176 will resume whole fall from 1.1213. However, sustained break of 1.0531 will rise the chance of bullish reversal and turn […]