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Daily Pivots: (S1) 1.2879; (P) 1.2913; (R1) 1.2979; More… Intraday bias in GBP/USD remains on the upside for retesting 1.3043 high. Firm break there will resume whole rise from 1.2998 to 61.8% projection of 1.2298 to 1.3043 from 1.2664 at 1.3124, which is close to 1.3141 high. On the downside, below 1.2880 minor support will […]

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12/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0991; (P) 1.1023; (R1) 1.1044; More…. Intraday bias in EUR/USD stays neutral despite current mild recovery. Focus stays on 38.2% retracement of 1.0665 to 1.1200 at 1.0996. Strong rebound from there will retain near term bullishness. Break of 1.1153 will indicate that larger rally is resuming through 1.1200 resistance to 1.1274 high. […]
27/03/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0816; (P) 1.0840; (R1) 1.0856; More… Intraday bias in EUR/USD remains neutral at this point. More consolidations could be seen above 1.0801. But risk will stay on the downside as long as 55 4H EMA (now at 1.0857) holds. Below 1.0801 will resume the fall from 1.0980 to retest 1.0694 first. Break […]
10/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6297; (P) 1.6331; (R1) 1.6382; More… Intraday bias in EUR/AUD is turned neutral first. But risk will stay on the upside as long as 1.6127 support holds. Above 1.6398 will resume the rebound to 1.6478 resistance. Firm break there will argue that whole correction from 1.7062 has completed, and target 1.6844 resistance […]