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Daily Pivots: (S1) 0.6437; (P) 0.6465; (R1) 0.6497; More… AUD/USD’s rise from 0.5913 is in progress. Intraday bias remains on the upside for 61.8% retracement of 0.6941 to 0.5913 at 0.6548. On the downside, though, break of 0.6364 support will indicate short term topping, and turn bias to the downside for 55 D EMA (now […]

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EUR/AUD Daily Outlook

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EUR/USD Daily Outlook

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04/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9005; (P) 0.9050; (R1) 0.9074; More…. Intraday bias in USD/CHF is turned neutral with current retreat. On the downside, break of 55 4H EMA (now at 0.9016) will bring deeper pullback. But downside should be contained by 0.8884 resistance turned support to bring rebound. On the upside, break of 0.9094 will resume […]
20/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9062; (P) 0.9080; (R1) 0.9110; More…. Intraday bias in USD/CHF remains neutral at this point. On the upside, firm break of 0.9101 will argue that corrective fall from 0.9223 has completed with three waves down to 0.8987 already. Further rise should then be seen to retest 0.9223. On the downside, though, break […]
21/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6186; (P) 1.6223; (R1) 1.6297; More… Intraday bias in EUR/AUD is turned neutral first with current recovery. On the upside, break of 1.6319 resistance will now indicate short term bottoming, on bullish convergence condition in 4H MACD. Intraday bias will be back on the upside for 1.6478 resistance. Nevertheless, on the downside, […]