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Daily Pivots: (S1) 0.8805; (P) 0.8823; (R1) 0.8849; More… No change in USD/CHF’s outlook as consolidations continue in established range above 0.8757. In case of stronger recovery, upside should be limited by 0.8911 support turned resistance. On the downside, break of 0.8757 will resume the fall from 0.9200 to 61.8% retracement of 0.8374 to 0.9200 […]

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16/11/2024

EUR/GBP Weekly Outlook

EUR/GBP edged lower to 0.8259 last week but recovered since then. Initial bias remains neutral this week and outlook stay bearish as long as 0.8446 resistance holds. On the downside, below 0.8306 minor support will turn bias back to the downside for 0.8259 first, and then 0.8201 key support. Nevertheless, firm break of 0.8446 will […]
24/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6510; (P) 1.6541; (R1) 1.6594; More… Intraday bias in EUR/AUD stays neutral at this point. Consolidation from 1.6671 could extend further. But rise from 1.6127 is expected to continue as long as 1.6398 support holds. Corrective fall from 1.7062 should have completed with three waves down to 1.6127 already. Above 1.6671 will […]
18/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6548; (P) 1.6574; (R1) 1.6612; More… Intraday bias in EUR/AUD is turned neutral with current retreat and some consolidations would be seen. Further rally is mildly in favor. Above 1.6616 will resume the rebound form 1.6368 to 1.6677 resistance next. Break there will confirm that correction from 1.6742 has completed, and bring […]