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Daily Pivots: (S1) 1.7673; (P) 1.7821; (R1) 1.7925; More… Intraday bias in EUR/AUD remains neutral as consolidation from 1.8554 short term top is still extending. Downside of the pull back should be contained by 38.2% retracement of 1.5963 to 1.8854 at 1.7750. On the upside, firm break of 1.8554 will resume larger up trend. In […]

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EUR/USD Mid-Day Outlook

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EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1238; (P) 1.1308; (R1) 1.1353; More… EUR/USD is extending consolidations below 1.1472 and intraday bias remains neutral. Deeper pullback cannot be ruled out. But downside should be contained by 1.1145 resistance turned support to bring another rally. On the upside, break of 1.1472 will target 161.8% projection of 1.0358 to 1.0953 from […]
27/01/2024

AUD/USD Weekly Report

AUD/USD stayed in consolidation above 0.6524 last week and outlook is unchanged. Initial bias remains neutral this week and further fall is expected. On the downside, firm break of 0.6524 support will argue that whole rebound from 0.6269 has completed, and bring deeper fall to this support. On the upside, break of 0.6639 will turn […]
26/03/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8801; (P) 0.8825; (R1) 0.8850; More… USD/CHF is staying in consolidation from 0.8757 and intraday bias stays neutral. In case of stronger recovery, upside should be limited by 0.8911 support turned resistance. On the downside, break of 0.8757 will resume the fall from 0.9200 to 61.8% retracement of 0.8374 to 0.9200 at […]