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Daily Pivots: (S1) 1.3772; (P) 1.3791; (R1) 1.3816; More… Intraday bias in USD/CAD remains neutral, and with 1.3725 support intact, rise from 1.3538 could still extend higher. ON the upside, break of of 1.3889 should resume the corrective rise through 1.3923 to 1.4014 cluster resistance. On the downside, though, firm break of 1.3725 will indicate […]

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06/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8721; (P) 0.8743; (R1) 0.8773; More…. Intraday bias in USD/CHF stays neutral at this point. Another fall is in favor as long as 0.8769 minor resistance holds. Below 0.8665 will resume the decline from 0.9243 to 161.8% projection of 0.9243 to 0.8886 from 0.9111 at 0.8533, which is close to 0.8551 low. […]
03/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8459; (P) 0.8478; (R1) 0.8489; More… Intraday bias in EUR/GBP is turned neutral again with current retreat. On the upside, sustained trading above 55 D EMA (now at 0.8501) will extend the rise from 0.8396 short term bottom to 0.8529 support turned resistance. Nevertheless, On the downside, break of 0.8493 support will […]
12/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6348; (P) 1.6389; (R1) 1.6431; More… EUR/AUD is still bounded in consolidation from 1.6267 and intraday bias remains neutral. Outlook will stay bearish as long as 1.6515 resistance holds. On the downside, break of 1.6267 will resume the whole decline from 1.7062 to 100% projection of 1.7062 to 1.6319 from 1.6844 at […]