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Daily Pivots: (S1) 0.9250; (P) 0.9270; (R1) 0.9301; More…. Intraday bias in EUR/CHF remains neutral. While recovery from 0.9208 could extend, upside should be limited below 0.9311 support turned resistance. On the downside, below 0.9236 will bring retest of 0.9208 low first. Decisive break of 0.9204/8 will confirm larger down trend resumption. Next target is […]

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28/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6771; (P) 0.6784; (R1) 0.6805; More… AUD/USD edges higher as rise from 0.6348 continues today. Intraday bias stays on the upside despite some loss of momentum as seen in 4H MACD. Next target is 0.6870. Firm break there will target 100% projection of 0.6269 to 0.6870 from 0.6348 at 0.6949. Near term […]
17/08/2024

AUD/USD Weekly Report

AUD/USD’s rally from 0.6348 extended higher last week and with late break of 0.6642 temporary top, initial bias is back on the upside this week. Further rise should be seen to 0.6798 resistance next. On the downside, below 0.6569 minor support will turn bias to the downside for retreat. In the bigger picture, overall, price […]
08/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6531; (P) 0.6565; (R1) 0.6582; More… AUD/USD recovered after hitting 0.6524 and intraday bias is turned neutral first. Some consolidations would be seen, but risk stays mildly on the downside as long as 0.6689 resistance holds. Break of 0.6524 will resume the fall from 0.6689 short term top to 55 D EMA […]