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Daily Pivots: (S1) 1.6200; (P) 1.6229; (R1) 1.6270; More… Outlook in EUR/AUD is unchanged and intraday bias stays neutral. On the upside, firm break of 1.6359 resistance will be the first sign of bullish reversal and target 1.6598 resistance for confirmation. On the downside, though, below 1.6125 minor support will bring retest of 1.5963 low. […]

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21/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3787; (P) 1.3801; (R1) 1.3816; More… USD/CAD is extending the consolidation pattern from 1.3837 and intraday bias stays neutral. Another retreat cannot be ruled out, but downside should be contained above 1.3646 resistance turned support. On the upside, break of 1.3837 will resume the rally from 1.3418 and target 1.3946/76 key resistance […]
27/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8450; (P) 0.8463; (R1) 0.8475; More…. Intraday bias in EUR/GBP remains on the downside despite some loss of momentum as seen in 4H MACD. Fall from 0.8624 is in progress for retesting 0.8382 low. Decisive break there will resume larger down trend. On the upside, above 0.8491 minor resistance will turn intraday […]
27/01/2024

AUD/USD Weekly Report

AUD/USD stayed in consolidation above 0.6524 last week and outlook is unchanged. Initial bias remains neutral this week and further fall is expected. On the downside, firm break of 0.6524 support will argue that whole rebound from 0.6269 has completed, and bring deeper fall to this support. On the upside, break of 0.6639 will turn […]