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Daily Pivots: (S1) 1.7801; (P) 1.7849; (R1) 1.7881; More… Intraday bias in EUR/AUD remains neutral for the moment as sideway trading continues. On the upside, firm break of 1.7972 resistance should confirm that corrective pattern from 1.8094 has completed at 1.7671. Further rise should then be seen through 1.8094, to resume the rebound from 1.7245. […]

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06/12/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8274; (P) 0.8287; (R1) 0.8311; More… EUR/GBP is still bounded in range trading above 0.8259 support and intraday bias stays neutral. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. On the upside, break of 0.8311 minor resistance will turn bias back to the upside […]
22/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9092; (P) 0.9104; (R1) 0.9122; More…. USD/CHF’s rebound from 0.8987 extends higher today, and intraday bias stays on the upside. Further rally would be seen to 0.9223 resistance. On the downside, below 0.9086 minor support will turn intraday bias neutral first. Further break of 0.8987 will resume the fall from 0.9223 to […]
03/10/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1024; (P) 1.1054; (R1) 1.1074; More…. No change in EUR/USD’s outlook. Intraday bias stays neutral and further rally is still expected with 1.1001 cluster support (38.2% retracement of 1.0665 to 1.1213 at 1.1004) intact. Break of 1.1213 will target 1.1274 high. However, decisive break of 1.1001/4 will confirm near term bearish reversal. […]