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Daily Pivots: (S1) 1.7723; (P) 1.7797; (R1) 1.7844; More… Intraday bias in EUR/AUD remains neutral first, as consolidations from 1.8553 continues. Downside of pull back should be contained by 38.2% retracement of 1.5963 to 1.8854 at 1.7750. On the upside, above 1.8014 minor resistance will bring retest of 1.8554 first. Firm break there will resume […]

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20/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3309; (P) 1.3356; (R1) 1.3381; More… Intraday bias in USD/CAD stays on the downside for the moment. Sustained trading below 1.3378 will extend the fall from 1.3897 to retest 1.3091 support next. On the upside above 1.3408 minor resistance will turn intraday bias neutral again. But risk will stay on the downside […]
14/10/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8557; (P) 0.8573; (R1) 0.8590; More… USD/CHF trades mildly higher in Asian session but stays below 0.8611 temporary top. Intraday bias remains neutral First. further rally is expected as long as 0.8529 minor support holds. Above 0.8611 will resume the rebound from 0.8374 short term bottom to 38.2% retracement of 0.9223 to […]
16/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9737; (P) 0.9756; (R1) 0.9777; More…. EUR/CHF’s rise from 0.9476 is in progress and further rally is expected with 0.9677 support holds, to retest 0.9928 high. On the downside, however, break of 0.9677 will turn bias to the downside for deeper pullback. In the bigger picture, rebound from 0.9252 medium term bottom […]