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Daily Pivots: (S1) 0.9308; (P) 0.9347; (R1) 0.9376; More…. Fall from 0.9452 continues today and intraday bias stays on the downside. Corrective rebound from 0.9218 should have completed with three waves up to 0.9452. Break of 0.9265 support will confirm and bring retest of 0.9218 low. On the upside, above 0.9363 minor resistance will mix […]

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23/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6470; (P) 1.6504; (R1) 1.6541; More… Intraday bias in EUR/AUD remains neutral at this point. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for confirmation. Nevertheless, below […]
10/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 160.85; (P) 161.18; (R1) 161.63; More… USD/JPY is still staying in range below 161.95 and intraday bias remains neutral. Further rally is expected with 160.25 minor support intact. On the upside, break of 161.94 will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. Nevertheless, break […]
21/10/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9365; (P) 0.9386; (R1) 0.9417; More…. Intraday bias in EUR/CHF stays neutral as sideway trading continues in converging range. On the downside, break of 0.9332 will resume the fall from 0.9579 towards 0.9209 low. On the upside, break of 0.9506 will turn intraday bias to the upside for 0.9579 resistance and above. […]