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Daily Pivots: (S1) 1.6198; (P) 1.6252; (R1) 1.6336; More… Intraday bias in EUR/AUD Remains neutral for the moment. For now, risk will stay mildly on the downside as long as 1.6598 holds, in case of stronger rebound. On the downside, break of 1.6161 will resume the decline from 1.6590 to target a test on 1.5996/6002 […]

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22/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2672; (P) 1.2694; (R1) 1.2725; More… Intraday bias in GBP/USD stays neutral for the moment. Consolidation pattern from 1.2826 could extend further. Break of 1.2595 support will target 1.2499 support. On the upside, however, firm break of 1.2784 resistance will suggest that the consolidation pattern has completed. Further rally should then resume […]
19/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1080; (P) 1.1135; (R1) 1.1172; More…. Intraday bias in EUR/USD is now on the upside with breach of 1.1153 resistance. Firm break of 1.1200 will resume larger rally from 1.0665 to 1.1274 high next. On the downside, however, break of 1.1072 will turn bias back to the downside for 1.1001 support instead. […]
06/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2565; (P) 1.2608; (R1) 1.2640; More… Intraday bias in GBP/USD remains on the downside at this point. Fall from 1.2731 short term top should extend to 55 D EMA (now at 1.2427). For now, risk will stay on the downside as long as 1.2731 resistance holds, in case of recovery. In the […]