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Daily Pivots: (S1) 0.8191; (P) 0.8220; (R1) 0.8248; More…. Intraday bias in USD/CHF remains neutral at this point. Price actions from 0.8038 are seen as a corrective pattern to decline from 0.9200. While fall from 0.8475 might extend lower, downside should be contained by 0.8038 to bring rebound. Break of 0.8436 resistance will suggest that […]

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19/11/2024

EUR/JPY Mid-Day Outlook

Daily Pivots: (S1) 162.81; (P) 163.40; (R1) 164.52; More…. EUR/JPY’s fall from 166.67 resumed after brief consolidations, and intraday bias is back on the downside. As noted before, corrective rebound from 154.40 could have completed with three waves up to 166.77 already, ahead of 61.8% retracement of 175.41 to 154.40 at 167.38. Deeper decline would […]
08/03/2025

EUR/AUD Weekly Outlook

EUR/AUD’s rally from 1.5693 resumed last week and accelerated to as high as 1.7268. There is no clear sign of topping yet and initial bias stays on the upside this week. Sustained trading above of 100% projection of 1.5963 to 1.6800 from 1.6355 at 1.7192 will target 161.8% projection at 1.7709 next. On the downside, […]
29/04/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1358; (P) 1.1391; (R1) 1.1454; More… Intraday bias in EUR/USD is turned neutral first. On the downside,, break of 1.1306 will extend the correction from 1.1572. But strong support should be seen from 38.2% retracement of 1.0176 to 1.1572 at 1.1039 to contain downside. On the upside, break of 1.1572 will resume […]