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Daily Pivots: (S1) 0.6251; (P) 0.6274; (R1) 0.6308; More… Intraday bias in AUD/USD remains neutral and further decline is expected as long as 0.6329 resistance holds. Break of 0.6087 will resume larger fall from 0.6941. However, firm break of 0.6329 will turn bias back to the upside for stronger rebound. In the bigger picture, fall […]

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17/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6463; (P) 1.6505; (R1) 1.6530; More… Intraday bias in EUR/AUD stays neutral and outlook is unchanged. For now, the favored case remains that corrective fall from 1.7180 has completed at 1.6256 already. On the upside, above 1.6629 will resume the rebound for retesting 1.7180 high. However, firm break of 1.6457 minor support […]
31/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8810; (P) 0.8843; (R1) 0.8860; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.8776 is still in progress. Further decline is expected as long as 0.8923 resistance holds. On the downside, break of 0.8776 will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. […]
29/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.84; (P) 144.44; (R1) 145.19; More… Intraday bias in USD/JPY is turned neutral as recovery from 143.43 extends. With 146.47 minor resistance intact, further decline is in favor. Break of 143.43 will bring retest of 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. On […]