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Daily Pivots: (S1) 0.9369; (P) 0.9386; (R1) 0.9422; More…. EUR/CHF’s rally from 0.9204 continues today and intraday bias stays on the upside. Sustained trading above 100% projection of 0.9204 to 0.9343 from 0.9254 at 0.9393 will pave the way to 0.9444 resistance and then 161.8% projection at 0.9479. On the downside, below 0.9350 support will […]

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13/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6494; (P) 1.6550; (R1) 1.6583; More… Range trading continues in EUR/AUD and intraday bias remains neutral. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for confirmation. Nevertheless, […]
11/12/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8787; (P) 0.8810; (R1) 0.8853; More… USD/CHF’s rebound from 0.8735 continues today and intraday bias stays on the upside. As noted before, corrective fall from 0.8956 could have completed at 0.8735 after hitting 55 D EMA. Further rally is in expected to retest 0.8956 high first. Firm break there will resume the […]
18/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.57; (P) 142.02; (R1) 142.61; More… Intraday bias in USD/JPY remains neutral as consolidation from 140.94 is extending. Stronger recovery cannot be ruled out. But upside 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 […]