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Daily Pivots: (S1) 0.9027; (P) 0.9041; (R1) 0.9060; More… Current price actions in USD/CHF are seen as part of the consolidations pattern from 0.9200. Intraday bias stays neutral at this point. 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. […]

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29/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0787; (P) 1.0807; (R1) 1.0833; More… Intraday bias in EUR/USD remains neutral as consolidations from 1.0760 is extending. Further decline is expected as long as 1.0871 resistance holds. Below 1.0760 will target 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there will target 1.0601 support next. However, considering bullish convergence […]
03/03/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6660; (P) 1.6717; (R1) 1.6768; More… Intraday bias in EUR/AUD stays on the upside for the moment. As noted before, consolidation from 1.6800 should have already completed with three waves down to 1.6355. Firm break of 1.6800 resume the rise from 1.5963 to 61.8% projection of 1.5963 to 136800 from 1.6355 at […]
28/09/2024

EUR/JPY Weekly Outlook

EUR/JPY reversed after rebounding further to 163.47 last week. The development argues that corrective pattern from 154.40 might have completed with three waves to 163.47 already. Initial bias is back on the downside this week for retesting 154.40/155.14 support zone. For now, risk will stay mildly on the downside as long as 163.47 resistance holds, […]