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Daily Pivots: (S1) 1.0760; (P) 1.0788; (R1) 1.0822; More… EUR/USD’s fall from 1.1016 resumed after brief recovery, and intraday bias is back on the downside. Sustained trading below 55 D EMA (now at 1.0770) will pave the way to retest 1.0447 support. Nevertheless, break of 1.0894 will turn bias back to the upside for 1.1016 […]

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GBP/USD Mid-Day Outlook

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EUR/AUD Weekly Outlook

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28/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0813; (P) 1.0826; (R1) 1.0841; More… EUR/USD’s fall from 1.0980 resumed by breaking through temporary low. Intraday bias is back on the downside for 1.0694 support first. Break there will resume the whole decline from 1.1138 and target 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536. Nevertheless, break of 1.0863 […]
13/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2504; (P) 1.2523; (R1) 1.2543; More… GBP/USD is staying below 1.2633 resistance despite today’s rally. Intraday bias remains neutral for the moment. Further rise is mildly in favor with 1.2445 support intact. On the upside, break of 1.2633 will resume the rally from 1.2298 to 1.2708 resistance next. However, firm break of […]
04/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6669; (P) 0.6701; (R1) 0.6739; More… Intraday bias in AUD/USD remains on the upside for the moment. Rise from 0.6361 has just resumed and should target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837 next. For now, near term outlook will stay bullish as long as 0.6619 support holds, in […]