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Daily Pivots: (S1) 0.9340; (P) 0.9357; (R1) 0.9373; More…. Intraday bias in EUR/CHF remains neutral and some more consolidations could be seen above 0.9317. Current development suggests that corrective pattern from 0.9218 might have completed with three waves up to 0.9452 already. Further decline is in favor as long as 0.9403 resistance holds. On the […]

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10/08/2024

USD/JPY Weekly Outlook

USD/JPY rebounded strongly after initial dive to 141.67 last week. While further rally cannot be ruled out, outlook will stay bearish as long as 38.2% retracement of 161.94 to 141.67 at 149.41 holds. Below 144.04 minor support will turn bias to the downside for 141.67. Break there will resume the fall from 161.94 to 140.25 […]
11/04/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.7509; (P) 1.8033; (R1) 1.8319; More… Intraday bias in EUR/AUD is turned neutral again with current recovery. Consolidations from 1.8554 could extend further. But in case of another dip, downside should be contained by 38.2% retracement of 1.5963 to 1.8854 at 1.7750. On the upside, firm break of 1.8554 will resume larger […]
26/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3439; (P) 1.3466; (R1) 1.3511; More… A temporary low is formed at 1.3418 with current recovery, and intraday bias in USD/CAD is turned neutral first. Some consolidations would be seen first, but outlook will stay bearish as long as 1.3646 resistance holds. Below 1.3418 will resume the decline from 1.3946 to 61.8% […]