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Daily Pivots: (S1) 0.8459; (P) 0.8483; (R1) 0.8523; More… No change in USD/CHF’s outlook as sideway trading continues. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. Nevertheless, firm break of 0.8548 will argue that it’s correcting whole fall […]

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13/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6211; (P) 1.6245; (R1) 1.6293; More… Intraday bias in EUR/AUD remains neutral, and risk will stay mildly on the downside as long as 1.6598 holds, in case of stronger rebound. On the downside, break of 1.6161 will resume the decline from 1.6590 to target a test on 1.5996/6002 key support zone. In […]
05/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8811; (P) 0.8852; (R1) 0.8874; More…. Range trading continues in USD/CHF and intraday bias remains neutral for now. Further rally is in favor as long as 0.8741 support holds. 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 back […]
20/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0844; (P) 1.0861; (R1) 1.0886; More… Intraday bias in EUR/USD remains neutral for consolidation below 1.0894. Further rally is expected as long as 1.0810 resistance turned support holds. Break of 1.0894 will resume the rise to 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed at 1.0601 […]