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EUR/CHF’s rebound last week suggests that pull back from 0.9471 has completed at 0.9304 already. Initial bias remains on the upside this week for 0.9471. Firm break there will resume whole rebound from 0.9252 to 100% projection of 0.9252 to 0.9471 from 0.9304 at 0.9523. On the downside, below 0.9395 minor support will turn intraday […]

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EUR/USD Weekly Outlook

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18/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6742; (P) 0.6755; (R1) 0.6770; More… Intraday bias in AUD/USD stays neutral for the moment. On the upside, decisive break of 0.6766 resistance should confirm that corrective pullback from 0.6823 has completed at 0.6621 already. Intraday bias will be turned to the upside to resume the rally from 0.6348 through 0.6823, and […]
02/03/2024

EUR/AUD Weekly Outlook

EUR/AUD’s rebound from 1.6127 resumed last week and edged higher to 1.6692, but retreated since then. Initial bias stays neutral this week first. Current development suggests that whole correction from 1.7062 should have completed with three waves down to 1.6127. Further rally is expected as long as 1.6450 support holds. Above 1.6692 will target 61.8% […]
04/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0788; (P) 1.0812; (R1) 1.0861; More… Break of 1.0834 support turned resistance argues that fall from 1.0980 has completed with three waves down to 1.0723. Rise from there is currently seen as the third leg of the corrective pattern from 1.0694. Intraday bias is back on the upside for 1.0941/0980 resistance zone. […]