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Daily Pivots: (S1) 0.6779; (P) 0.6812; (R1) 0.6845; More… Intraday bias in AUD/USD stays neutral at this point. On the upside, decisive break of 0.6894 resistance will extend the rally from 0.6269 towards 0.7156 key resistance next. On the downside, however, break of 0.6796 support will indicate short term topping, on bearish divergence condition in […]

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22/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8569; (P) 0.8593; (R1) 0.8637; More… Intraday bias in EUR/GBP remains on the upside at this point. Fall from 0.8764 has probably completed already. Further rally would be seen to medium term trend line resistance (now at 0.8650). On the downside, below 0.8596 minor resistance will turn intraday bias neutral again first. […]
26/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9466; (P) 0.9482; (R1) 0.9505; More…. Intraday bias in EUR/CHF Remains neutral for the moment. On the upside, sustained break of 55 D EMA (now at 0.9573) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break of 0.9448 will suggest rejection by 55 D EMA, and turn bias back […]
11/06/2024

EUR/GBP Mid-Day Outlook

Daily Pivots: (S1) 0.8440; (P) 0.8456; (R1) 0.8472; More… EUR/GBP’s decline continues to as low as 0.8418 so far. Intraday bias remains on the downside for 0.8376 projection level next. On the upside, above 0.8446 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another decline. In the bigger picture, down […]