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Daily Pivots: (S1) 1.2879; (P) 1.2913; (R1) 1.2979; More… GBP/USD’s rise from 1.2664 is still in progress and intraday bias stays 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 […]

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GBP/USD Daily Outlook

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13/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6360; (P) 1.6417; (R1) 1.6511; More… Intraday bias in EUR/AUD remains neutral as consolidation from 1.6267 is extending. Outlook will stay bearish as long as 1.6515 resistance holds. On the downside, break of 1.6267 will resume the whole decline from 1.7062 to 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 […]
02/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2698; (P) 1.2735; (R1) 1.2770; More… GBP/USD is staying in consolidation from 1.2826 and intraday bias stays neutral at this point. With 1.2611 support intact, further rally is in favor. On the upside, break of 1.2826 will resume larger rise from 1.2036 to 61.8% projection of 1.2068 to 1.2731 from 1.2499 at […]
10/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6260; (P) 1.6307; (R1) 1.6335; More… Intraday bias in EUR/AUD remains neutral for the moment. Further decline is expected as long as 1.6494 resistance holds. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 will turn bias back to the downside to 1.6127 […]