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Daily Pivots: (S1) 0.6338; (P) 0.6389; (R1) 0.6416; More… Intraday bias in AUD/USD is turned neutral first with breach of 0.6366 minor support. Some consolidations would be seen but further rally is expected as long as 55 D EMA (now at 0.6296) holds. Above 0.6438 temporary top will resume the rebound from 0.5913 to 61.8% […]

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EUR/AUD Daily Outlook

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EUR/USD Daily Outlook

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22/06/2024

EUR/CHF Weekly Outlook

EUR/CHF edged lower to 0.9476 last week but recovered since then. Initial bias remains neutral and some more consolidations would be seen. While stronger recovery cannot be ruled out, outlook will remain bearish as long as 0.9683 resistance holds. On the downside, break of 0.9476, and sustained trading below 61.8% retracement of 0.9252 to 0.9928 […]
07/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0856; (P) 1.0885; (R1) 1.0929; More… Intraday bias in EUR/USD is turned neutral first with current retreat, and some consolidations would be seen below 1.0914 temporary top first. But further rally will remain in favor as long as 1.0795 support holds. Above 1.0914 will resume the rebound from 1.0694 towards 1.1138 resistance […]
03/03/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8996; (P) 0.9017; (R1) 0.9050; More… Intraday bias in USD/CHF remains neutral for the moment. On the upside, firm break of 0.9053 will suggest that corrective pattern from 0.9200 has already completed at 0.8911. Further rally should then be seen to retest 0.9200 resistance. In case of another fall, downside should be […]