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Daily Pivots: (S1) 0.6539; (P) 0.6559; (R1) 0.6574; More… AUD/USD is holding well above 0.6372 support despite today’s retreat. Intraday bias remains neutral for the moment, and further rally is expected. On the upside, firm break of 0.6589 will resume the rise from 0.5913 and target 0.6713 fibonacci level. In the bigger picture, there is […]

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EUR/CHF Daily Outlook

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04/03/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8941; (P) 0.8987; (R1) 0.9013; More… Intraday bias in USD/CHF is back on the downside as fall resumes through 0.8911 support. Immediate focus is now on 38.2% retracement of 0.8374 to 0.9200 at 0.8884 Strong rebound from current level, followed by break of 0.9035 resistance, will retain near term bullishness, and bring […]
22/06/2024

EUR/AUD Weekly Outlook

EUR/AUD’s down trend continued last week but it recovered after hitting 1.6026. Initial bias is neutral this week for some consolidations first. Upside should be limited by 1.6211 support turned resistance to bring another fall. Below 1.6026 will turn bias back to the downside for 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. […]
12/12/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0471; (P) 1.0505; (R1) 1.0531; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. On the downside, break of 1.0471 support will suggest that corrective recovery from 1.0330 has completed at 1.0629, and fall from 1.1213 is ready to resume. Intraday bias will be back on the downside for 1.0330 […]