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Daily Pivots: (S1) 0.8413; (P) 0.8423; (R1) 0.8438; More…. Intraday bias in EUR/GBP stays mildly on the upside as stronger rebound could be seen in EUR/GBP to 55 D EMA (now at 0.8473). Nevertheless, outlook will stay bearish as long as 0.8498 resistance holds, and larger down trend should resume through 0.8382 at a later […]

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EUR/AUD Daily Outlook

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EUR/USD Mid-Day Outlook

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20/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6417; (P) 1.6506; (R1) 1.6555; More… Immediate focus is now on 1.6474 support in EUR/AUD. Decisive break there will argue that rise from 1.5996 has completed, and dampen the larger bullish view. Intraday bias will be back on the downside for deeper fall towards 1.5996 in this case. Nevertheless, strong rebound from […]
01/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3777; (P) 1.3818; (R1) 1.3849; More… Intraday bias in USD/CAD remains neutral for the moment. Further rally is expected as long as 1.3796 support holds. Rise from 1.3176 should be resuming and next target is 61.8% projection of 1.3176 to 1.3845 from 1.3588 at 1.4025. On the downside, below 1.3796 minor support […]
27/04/2024

EUR/CHF Weekly Outlook

EUR/CHF rebounded further to 0.9797 last week but retreated since then. Initial bias is turned neutral this week for consolidations. But further rally is expected as long as 0.9708 minor support holds. Break of 0.9797 will target a retest on 0.9847 high. However, break of 0.9708 will turn bias to the downside, to extend the […]