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USD/CHF’s fall from 0.8475 extended lower last week but recovered ahead of 0.8038 low. Initial bias is turned neutral this week first. On the upside, break of 0.8247 resistance will argue that corrective pattern from 0.8038 is starting the third leg. Bias will be turned back to the upside for 0.8475 resistance again. However, firm […]

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EUR/AUD Weekly Outlook

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01/04/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0783; (P) 1.0816; (R1) 1.0848; More… EUR/USD dips slightly today but stays well above 1.0731 support. Intraday bias remains neutral first. On the upside, break of 1.0857 resistance will indicate that correction from 1.0963 has completed already. Retest of 1.0953 should be seen first. Firm break there will resume the rally from […]
17/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.73; (P) 157.50; (R1) 158.23; More… Intraday bias in USD/JPY remains neutral for the moment. Further rally would remain in favor as long as 154.53 support holds. Break of 158.25 will resume the choppy rise from 151.86 towards 160.20 high. But upside should be limited there, at least on first attempt. In […]
16/01/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9377; (P) 0.9398; (R1) 0.9412; More…. Intraday bias in EUR/CHF remains neutral and range trading continues. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and turn bias back […]