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Daily Pivots: (S1) 1.1024; (P) 1.1054; (R1) 1.1074; More…. Intraday bias in EUR/USD remains neutral and further rally is still expected 1.1001 cluster support holds (38.2% retracement of 1.0665 to 1.1213 at 1.1004). Break of 1.1213 will target 1.1274 high. However, decisive break of 1.1001/4 will confirm near term bearish reversal. Intraday bias will be […]

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30/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8594; (P) 0.8626; (R1) 0.8645; More…. Outlook in USD/CHF remains unchanged as range trading continues. Intraday bias stays neutral at this point. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this […]
11/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6235; (P) 1.6311; (R1) 1.6362; More… Intraday bias in EUR/AUD stays neutral as range trading continues. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, sustained break of 55 D EMA (now at 1.6381) […]
13/02/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8732; (P) 0.8752; (R1) 0.8778; More…. USD/CHF’s rally accelerates to as high as 0.8867 so far, and intraday bias stays on the upside. Next target is 100% projection of 0.8332 to 0.8727 from 0.8550 at 0.8954. Firm break there will pave the way to 161.8% projection at 0.9189. On the downside, below […]