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Daily Pivots: (S1) 0.8954; (P) 0.9017; (R1) 0.9061; More… Intraday bias in USD/CHF stays neutral first as consolidation from 0.9200 is still extending. While deeper pull back might be seen, outlook will stay mildly bullish as long as 38.2% retracement of 0.8374 to 0.9200 at 0.8884 holds. On the upside, firm break of 0.9223 key […]

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09/12/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6433; (P) 1.6498; (R1) 1.6603; More… Intraday bias in EUR/AUD is turned neutral first with current retreat. Some consolidations would be seen below 1.6559. But further rally is expected as long as 1.6305 resistance turned support holds. Above 1.6559 will resume the rise from 1.5963 to 1.6598 key resistance. Decisive break there […]
25/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0789; (P) 1.0810; (R1) 1.0848; More… Intraday bias in EUR/USD is turned neutral with a temporary low formed at 1.0760. Further decline is expected as long as 1.0871 resistance holds. Below 1.0760 will resume the fall from 1.1213 to 1.0601 support next. However, considering bullish convergence condition in 4H MACD, break of […]
09/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 205.28; (P) 205.98; (R1) 206.66; More… Intraday bias in GBP/JPY is turned neutral with loss of momentum as seen in 4H MACD. On the upside, sustained break of 100% projection of 191.34 to 200.72 from 197.18 at 206.56 will target 138.2% projection at 210.17. On the downside, below 204.97 minor support will […]