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Daily Pivots: (S1) 0.9429; (P) 0.9467; (R1) 0.9497; More… Intraday bias in EUR/CHF stays on the downside for retesting 0.9407/16 support zone. Decisive break there will resume larger down trend. On the upside, touching 0.9504 minor resistance will delay the bearish case and turn intraday bias neutral for consolidation first. In the bigger picture, rejection […]

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08/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6235; (P) 1.6283; (R1) 1.6348; More… Intraday bias in EUR/AUD remains neutral for the moment, and some more consolidations could be seen above 1.6216. Further decline is expected as long as 1.6494 resistance holds. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 […]
31/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8414; (P) 0.8422; (R1) 0.8433; More…. Intraday bias in EUR/GBP stays neutral as consolidation from 0.8382 is still in progress. Outlook continues to stay bearish with 0.8498 resistance intact. Firm break of 0.8382 will resume larger down trend next target will be 138.2% projection of 0.8764 to 0.8497 from 0.8463 at 0.8274. […]
19/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0900; (P) 1.0916; (R1) 1.0939; More… EUR/USD is staying below 1.1008/16 resistance zone despite today’s rebound. Intraday bias remains neutral for the moment. Further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to retest 1.1274 high. In the […]