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Daily Pivots: (S1) 0.6539; (P) 0.6550; (R1) 0.6564; More… AUD/USD’s rebound lost momentum ahead of 0.6567 resistance and retreated. Intraday bias remains neutral for the moment. On the upside, firm break of 0.6567 should confirm that corrective pattern from 0.6624 has completed at 0.6413, and larger rally is ready to resume. Retest of 0.6624 high […]

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13/01/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9376; (P) 0.9398; (R1) 0.9411; More…. Intraday bias in EUR/CHF remains neutral as sideway consolidations continues. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and turn bias back […]
12/12/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9267; (P) 0.9286; (R1) 0.9299; More…. EUR/CHF’s strong rally and break of 0.9321 minor resistance suggests that rebound from 0.9204 short term bottom is resuming. Intraday bias is back on the upside. Firm break of 0.9343 will target 100% projection of 0.9204 to 0.9343 from 0.9254 at 0.9393 next. For now, risk […]
19/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 142.15; (P) 142.66; (R1) 143.30; More… While USD/JPY’s recovery from 140.94 extends higher today, outlook is unchanged. Upside of recovery should be limited well below 146.58 resistance to bring another decline. On the downside, break of 140.94 will resume the fall from 151.89 to next fibonacci level at 136.63. In the bigger […]