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EUR/CHF gyrated lower as corrective fall from 0.9660 extended, but recovered after drawing support from 0.9489. Initial bias stays neutral first and further rally is expected. On the upside, above 0.9581 minor resistance will indicate that the pullback has completed and bring retest of 0.9660 high. Firm break there will resume whole rise from 0.9204. […]

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13/11/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6505; (P) 0.6543; (R1) 0.6573; More… Intraday bias in AUD/USD remains neutral for the moment. On the upside, above 0.6597 minor resistance will turn bias back to the upside for 0.6687 first. Firm break there will target 61.8% retracement of 0.6941 to 0.6511 at 0.6777. On the downside, break of 0.6511 will […]
21/02/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0767; (P) 1.0803; (R1) 1.0844; More… Intraday bias in EUR/USD remains mildly on the upside as rebound from 1.0694 short term bottom is in progress. Sustained trading above above 55 D EMA (now at 1.0832) will argue that fall from 1.1138 has completed and target this resistance. Meanwhile, rejection by 55 D […]
15/11/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4010; (P) 1.4038; (R1) 1.4087; More… Intraday bias in USD/CAD remains on the upside for the moment. Current rally is part of the larger up trend. Next target is 61.8% projection of 1.3418 to 1.3958 from 1.3841 at 1.4175. On the downside, below 1.3993 minor support will turn intraday bias neutral and […]