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Daily Pivots: (S1) 1.2404; (P) 1.2453; (R1) 1.2491; More… Intraday bias in GBP/USD stays neutral and outlook is unchanged. Rebound from 1.2099 is seen as a corrective move. While another rise cannot be ruled out, strong resistance could be seen 38.2% retracement of 1.3433 to 1.2099 at 1.2609 to limit upside. On the downside, below […]

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EUR/USD Daily Outlook

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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. […]
02/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6468; (P) 0.6503; (R1) 0.6526; More…. Intraday bias in back on the downside with breach of 0.6484 support. Retest of 0.6442 should be seen next. Firm break there will resume whole decline from 0.6870 and target 61.8% projection of 0.6870 to 0.6442 from 0.6666 at 0.6401. On the upside, above 0.6538 minor […]
10/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0768; (P) 1.0835; (R1) 1.0870; More…. EUR/USD’s steep decline today and strong break of 55 D EMA (now at 1.0810) indicates short term topping at 1.0915. more importantly, rebound from 1.0601 might have completed already, and EUR/USD is now is another falling leg of the corrective pattern from 1.1274. Intraday bias is […]