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Daily Pivots: (S1) 0.9098; (P) 0.9110; (R1) 0.9127; More… Intraday bias in USD/CHF remains neutral as consolidations continue below 0.9200. Outlook stays bullish with 0.8956/64 support zone intact. On the upside, firm break of 0.9200/9223 will resume the whole rally from 0.8374 and carry larger bullish implication. However, sustained break of 0.8964 will be a […]

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28/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6440; (P) 1.6473; (R1) 1.6499; More… Intraday bias in EUR/AUD is back on the downside as fall from 1.7180 resumes today. Sustained trading below 55 D EMA (now at 1.6435) will argue that rise from 1.5996 has completed at 1.7180. Deeper fall would then be seen back to this support. ON the […]
03/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6492; (P) 0.6508; (R1) 0.6534; More…. Intraday bias in AUD/USD is turned neutral again with current recovery. For now, risk will stay on the downside as long as 0.6538 minor resistance holds. Below 0.6480 will target 0.6442 support. Firm break there will resume whole decline from 0.6870 and target 61.8% projection of […]
30/11/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3549; (P) 1.3582; (R1) 1.3623; More… A temporary low is formed at 1.3539 with current recovery and intraday bias is turned neutral first. Further decline is expected as long as 1.3653 support turned resistance holds. Below 1.3539 will resume the correction from 1.3897 to 1.3378 support next. In the bigger picture, corrective […]