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Daily Pivots: (S1) 1.6167; (P) 1.6226; (R1) 1.6311; More… Breach of 1.6260 minor resistance suggests that EUR/AUD’s pullback from 1.6351 has completed at 1.6132. Intraday bias is back on the upside. Further rally should be seen through 1.6351 to 38.2% of 1.7180 to 1.6002 at 1.6452. On the downside, though, below 1.6132 will extend the […]

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EUR/USD Daily Outlook

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31/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0797; (P) 1.0816; (R1) 1.0835; More….. Further decline is expected in EUR/USD with 1.0869 resistance intact. Sustained break of 55 D EMA (now at 1.0815) will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947. Deeper decline should then be seen to 1.0601/0665 support zone next. Nevertheless, […]
24/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6625; (P) 0.6648; (R1) 0.6663; More… No change in AUD/USD’s outlook as consolidation from 0.6713 is still extending. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance […]
11/11/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9360; (P) 0.9393; (R1) 0.9420; More…. Intraday bias in EUR/CHF remains neutral as it’s staying inside converging triangle. On the downside, break of 0.9331 will target 0.9305 support first. Firm break there will bring retest of 0.9209 low. On the upside, break of 0.9444 will bring stronger rally to 0.9506 resistance next. […]