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Daily Pivots: (S1) 1.0934; (P) 1.0951; (R1) 1.0968; More… EUR/USD’s fall from 1.1138 short term top is trying to resume be breaching 1.0876. Intraday bias is back on the downside for 1.0722 support. Sustained break there will argue that whole rise from 1.0447 has completed, and target this low. For now, risk will stay on […]

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28/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2744; (P) 1.2761; (R1) 1.2788; More… GBP/USD’s rally continues today and intraday bias stays on the upside. Rise from 1.2298 should target 1.2892 resistance next. For now, further rally is expected as long as 1.2670 support holds, in case of retreat. In the bigger picture, price actions from 1.3141 medium term top […]
31/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6599; (P) 0.6624; (R1) 0.6656; More… AUD/USD is staying in consolidation from 0.6714 and intraday bias remains neutral. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance […]
17/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2642; (P) 1.2672; (R1) 1.2699; More… GBP/USD is staying in consolidation below 1.2669 and intraday bias remains neutral. Further rally is expected as long as 1.2445 support holds. Break of 1.2708 resistance will pave the way to 1.2892 resistance next. In the bigger picture, price actions from 1.3141 medium term top are […]