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Daily Pivots: (S1) 0.9300; (P) 0.9314; (R1) 0.9327; More…. Intraday bias in EUR/CHF remains neutral at this point. On the upside, break of 0.9428/45 resistance zone will resume the rebound from 0.9218. On the downside, firm break of 0.9260 will bring retest of 0.9218 low instead. In the bigger picture, while downside momentum has been […]

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24/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6167; (P) 1.6226; (R1) 1.6311; More… Breach of 1.6260 minor resistance suggests that EUR/AUD’s pullback from 1.6351 has completed at 1.6132. Intraday bias is back on the upside. Further rally should be seen through 1.6351 to 38.2% of 1.7180 to 1.6002 at 1.6452. On the downside, though, below 1.6132 will extend the […]
16/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 204.32; (P) 204.86; (R1) 205.57; More… Intraday bias in GBP/JPY is turned neutral first. Corrective fall from 208.09 short term top could still extend lower. Break of 203.82 would target 38.2% retracement of 191.34 to 208.09 at 201.69. Strong support is expected there to bring rebound. On the upside, above 206.35 minor […]
08/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6144; (P) 1.6204; (R1) 1.6302; More… EUR/AUD’s strong break of 1.6184 resistance confirms short term bottoming at 1.6002, after defending 1.5996 support. Intraday bias is back on the upside for 38.2% of 1.7180 to 1.6002 at 1.6452. Decisive break there will strengthen the case that whole corrective fall from 1.7180 has completed […]