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Daily Pivots: (S1) 1.0879; (P) 1.0911; (R1) 1.0928; More…. EUR/USD is still holding above 1.0871 support and intraday bias stays neutral. Further remains mildly in favor. Break of 1.0947 will resume the rise from 1.0601 and target target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0979. However, considering bearish divergence condition in 4H […]

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19/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2616; (P) 1.2660; (R1) 1.2691; More… No change in GBP/USD’s outlook as consolidation from 1.2793 is still extending. Intraday bias remains neutral at this point. Further rally is expected as long as 1.2499 support holds. On the upside, firm break of 1.2793 will resume the rally from 1.2036. Next target is 61.8% […]
02/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1029; (P) 1.1062; (R1) 1.1080; More…. Intraday bias in EUR/USD stays neutral and outlook is unchanged. While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1104 minor resistance will bring retest of 1.1200 first. Break there will […]
20/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6677; (P) 0.6706; (R1) 0.6761; More… AUD/USD’s rally from 0.6348 is in progress and intraday bias stays on the upside for 0.6798 resistance. Firm break there will argue that larger rise from 0.6269 is ready to resume through 0.6870 resistance. On the downside, below 0.6676 minor support will turn intraday bias neutral […]