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Daily Pivots: (S1) 0.6551; (P) 0.6567; (R1) 0.6584; More… AUD/USD recovers today but stays inside range below 0.6689. Intraday bias remains neutral for the moment, and risk stays mildly on the downside. Break of 0.6524 will affirm the case of rejection by channel resistance, and resume the fall from 0.6689 short term top to 55 […]

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EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0744; (P) 1.0762; (R1) 1.0781; More… Intraday bias in EUR/USD is turned neutral with a temporary low formed at 1.0722. Further decline is expected with 1.0816 minor resistance intact. Break of 1.0722, and sustained trading below 55 D EMA (now at 1.0770) will extend the fall from 1.1016 short term top to […]
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EUR/USD Mid-Day Outlook

.Daily Pivots: (S1) 1.0680; (P) 1.0697; (R1) 1.0716; More… EUR/USD retreated after brief breach of 1.0723 support turned resistance and intraday bias remains neutral. Break of 1.0677 support will indicate rejection by 1.0723, and turn bias back to the downside. EUR/USD should then resume larger down trend through 1.0601 low. Nevertheless, firm break of 1.0723 […]
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EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8440; (P) 0.8451; (R1) 0.8466; More… Intraday bias in EUR/GBP remains neutral for the moment. Consolidations form 0.8396 could continue with stronger recovery. But outlook will stay bearish as long as 0.8482 support turned resistance holds. On the downside, below 0.8429 minor support will bring retest of 0.8396 low first. Further break […]