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Daily Pivots: (S1) 0.8246; (P) 0.8277; (R1) 0.8319; More…. Intraday bias in USD/CHF remains neutral at this point. Risk will stays on the downside as long as 0.8475 resistance holds. Corrective rebound from 0.8038 should have completed already. Below 0.8208 will bring retest of 0.8038 first. Firm break there will resume larger down trend to […]

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01/05/2025

AUD/USD Daily Report

Daily Pivots: (S1) 0.6366; (P) 0.6392; (R1) 0.6428; More… Range trading continues in AUD/USD and intraday bias stays neutral. 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. Intraday bias will be turned […]
02/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9295; (P) 0.9329; (R1) 0.9351; More… EUR/CHF’s fall from 0.9471 is trying to resume and intraday bias is back on the downside. While deeper decline could be seen, strong support is still expected above 0.9252 low to bring rebound. On the upside, above 0.9363 minor resistance will turn bias back to the […]
16/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1063; (P) 1.1083; (R1) 1.1095; More…. EUR/USD’s rebound from 1.1001 extends higher today but stays below 1.1153 resistance. Intraday bias remains neutral first. On the upside, break of 1.1153 resistance will suggest that later rally is ready to resume and target 1.1200, and then 1.1274 high. On the downside, below 1.1072 minor […]