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Daily Pivots: (S1) 1.1414; (P) 1.1494; (R1) 1.1592; More… Intraday bias in EUR/USD remains on the upside for the moment. Current rise from 1.0176 should target 161.8% projection of 1.0358 to 1.0953 from 1.0731 at 1.1694 next. On the downside, below 1.1357 minor support will turn intraday bias neutral and bring consolidations again, before staging […]

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19/02/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6416; (P) 1.6468; (R1) 1.6498; More… Intraday bias in EUR/AUD stays neutral for the moment. On the upside, break of 1.6631 resistance will reaffirm the case that consolidation from 1.6800 has completed at 1.6391. Retest of 1.6800 high should be seen next and firm break there will resume the rally from 1.5963. […]
19/02/2024

USD/CAD Weekly Outlook

USD/CAD edged higher to 1.3585 last week but retreated since then. Initial bias remains neutral this week first. Further rally is expected as long as 1.3357 support holds. Break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. In the bigger picture, price actions from 1.3976 (2022 high) are viewed as a corrective […]
08/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8757; (P) 0.8793; (R1) 0.8813; More…. USD/CHF is staying in range below 0.8891 and outlook is unchanged. Intraday bias stays neutral and further rally remains in favor. On the upside, break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support will turn bias […]