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Daily Pivots: (S1) 1.6283; (P) 1.6319; (R1) 1.6342; More… Intraday bias in EUR/AUD remains neutral as consolidations continue above 1.6161. Further fall is expected with 1.6598 resistance intact. On the downside, below 1.6161 will target a test on 1.5996/6002 key support zone. In the bigger picture, as long as 1.5996 support holds, up trend from […]

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EUR/USD Daily Outlook

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04/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.53; (P) 156.50; (R1) 157.06; More…. USD/JPY’s break of 156.36 minor support argues that rebound from 151.86 has possibly completed with three waves up to 157.70. Corrective pattern from 160.20 might have started the third leg already. Intraday bias is back on the downside for 153.59 support first. Firm break there will […]
28/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9592; (P) 0.9607; (R1) 0.9636; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Further decline is expected 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 at 0.9510 will bring retest of 0.9252 low next. In […]
09/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3078; (P) 1.3158; (R1) 1.3207; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.3265 is still extending. Outlook will stay bullish as long as 1.3043 resistance turned support holds. On the upside, firm break of 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 […]