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Daily Pivots: (S1) 1.6459; (P) 1.6539; (R1) 1.6579; More… Intraday bias in EUR/AUD is turned neutral with current retreat. Rebound from 1.6256 is still in favor to continue as long as 1.6457 support holds. Above 0.6629 will turn bias back to the downside for retesting 1.7180 high. However, firm break of 1.6457 support will suggest […]

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23/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2691; (P) 1.2726; (R1) 1.2753; More… Intraday bias in GBP/USD stays neutral for the moment. On the upside. decisive break of 100% projection of 1.2298 to 1.2633 from 1.2445 at 1.2780 will extend the rally from 1.2298 to 1.2892 resistance next. However, break of 1.2685 will minor support will turn bias back […]
15/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6596; (P) 0.6617; (R1) 0.6655; More… A temporary top should be in place at 0.6642 in AUD/USD with the current retreat and intraday bias is turned neutral for some consolidations. Further rally is expected as long as 0.6506 support holds. Above 0.6442 will extend the rebound from 0.6348 to 0.6798 resistance next. […]
21/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8523; (P) 0.8532; (R1) 0.8547; More…. Intraday bias in EUR/GBP remains neutral for the moment. In case of another fall, strong support should be seen from 55 D EMA (now at 0.8498), to complete the correction from 0.8624. Break of 0.8591 resistance will argue that rise from 0.8382 is ready to resume […]