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Daily Pivots: (S1) 1.6300; (P) 1.6339; (R1) 1.6410; More… Intraday bias in EUR/AUD is turned neutral first with break of 1.6449 support turned resistance. Some consolidations should be seen first, but another fall is expected. Break of 1.6267 will resume the decline from 1.7062 to 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 […]

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12/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6348; (P) 1.6389; (R1) 1.6431; More… EUR/AUD is still bounded in consolidation from 1.6267 and intraday bias remains neutral. Outlook will stay bearish as long as 1.6515 resistance holds. On the downside, break of 1.6267 will resume the whole decline from 1.7062 to 100% projection of 1.7062 to 1.6319 from 1.6844 at […]
19/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.86; (P) 162.27; (R1) 162.59; More… EUR/JPY’s rally from 160.20 accelerates higher today and intraday bias stays on the upside for 163.70 resistance. Decisive break there will resume larger rally from 153.15 for 164.29 high. On the downside, below 161.94 minor support will delay the bullish case and turn intraday bias neutral […]
17/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8876; (P) 0.8921; (R1) 0.8946; More…. USD/CHF is still bounded in range above 0.8880 and intraday bias stays neutral. On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring deeper decline. On the upside, firm break of 0.8987 support turned resistance will argue that correction from […]