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Daily Pivots: (S1) 1.3575; (P) 1.3596; (R1) 1.3625; More… Intraday bias in USD/CAD remains neutral at this point. On the downside, decisive break of 1.3538 will resume whole fall from 1.4791. Nevertheless, break of 1.3666 will turn bias to the upside, and extend the corrective pattern from 1.3538 with another rising leg to 1.3797 first. […]

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EUR/CHF Daily Outlook

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19/05/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9328; (P) 0.9355; (R1) 0.9377; More…. Intraday bias in EUR/CHF remains neutral as sideway trading continues. Price actions from 0.9218 are seen as either a corrective move or the third leg of the pattern from 0.9204. On the upside, break of 0.9419 will resume the rise from 0.9218 through 0.9445 resistance. However, […]
02/11/2024

EUR/AUD Weekly Outlook

EUR/AUD’s extended rebound last week suggests that corrective fall from 1.7180 has completed with three waves down to 1.6002, after drawing support from 1.5996. But as a temporary top was formed after hitting 1.6598, initial bias is turned neutral this week first. Downside of retreat should be contained by 1.6351 resistance turned support. Above 1.6598 […]
23/02/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0799; (P) 1.0811; (R1) 1.0833; More… EUR/USD retreated after brief rise to 1.0887 and intraday bias is turned neutral first. On the upside, break of 1.0887 will affirm the case that fall from 1.1138 has completed, and target this resistance. However, break of 1.0761 will turn bias back to the downside for […]