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Daily Pivots: (S1) 1.6336; (P) 1.6385; (R1) 1.6472; More… EUR/AUD’s rally from 1.6002 continues today and intraday bias stays on the upside. Decisive break of 38.2% of 1.7180 to 1.6002 at 1.6452 should confirm that whole fall from 1.7180 has completed with three waves down to 1.6002, after being supported by 1.5996. Next target is […]

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EUR/USD Mid-Day Outlook

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28/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2612; (P) 1.2641; (R1) 1.2670; More… Further decline is still expected in GBP/USD with 1.2702 resistance intact. Sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. On the upside, however, firm break of 1.2702 resistance will argue that pull back […]
09/12/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8282; (P) 0.8291; (R1) 0.8304; More… Intraday bias in EUR/GBP remains neutral and more consolidations could be seen above 0.8259 support. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. On the upside, break of 0.8311 minor resistance will turn bias back to the upside […]
03/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.57; (P) 165.48; (R1) 166.73; More… Intraday bias in EUR/JPY stays on the downside. Sustained break of 55 D EMA (now at 163.94) will extend the fall from 171.58, as a correction to rise from 153.15, to 61.8% retracement of 153.15 to 171.58 at 160.19. On the upside, above 167.37 will turn […]