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Daily Pivots: (S1) 196.89; (P) 197.35; (R1) 198.05; More… Intraday bias in GBP/JPY remains neutral as range trading continues below 199.79. Further rally is expected as long as 55 D EMA (now at 195.24) holds. Above 199.79 will resume the rebound from 180.00 to retest 208.09 high. However, sustained break of 55 D EMA will […]

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EUR/AUD Daily Outlook

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23/03/2024

AUD/USD Weekly Report

AUD/USD’s strong was rebound last week was capped below 0.6666 resistance, and followed by equally steep decline. Initial bias remains neutral this week first, with focus on 0.6503 support. Decisive break there will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside for 0.6442 low. For now, risk […]
29/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9883; (P) 0.9906; (R1) 0.9929; More…. Intraday bias in EUR/CHF is turned neutral with current retreat. But further rise is expected as long as 0.9880 minor support holds. Above 0.9928 will resume whole rally from 0.9252 to 100% projection of 0.9304 to 0.9847 from 0.9563 at 1.0106, which is slightly above 1.0095 […]
05/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0795; (P) 1.0845; (R1) 1.0886; More… Intraday bias in EUR/USD remains on the downside for the moment. Current fall from 1.1016 short term to is in progress for 55 D EMA (now at 1.0770). On the upside, above 1.0912 minor resistance will turn intraday bias neutral again first. Further break of 1.1016 […]