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Daily Pivots: (S1) 190.82; (P) 191.54; (R1) 192.05; More….. GBP/JPY retreated after brief rebound and intraday bias remains is turned neutral again. . For now, further rally is expected as long as 190.02 support holds, in case of retreat. Break of 193.51 will resume larger up trend. In the bigger picture, current rally is part […]

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10/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6348; (P) 1.6400; (R1) 1.6431; More.. Intraday bias in EUR/AUD stays on the downside at this point. Break of 100% projection of 1.6742 to 1.6439 from 1.6677 at 1.6374 will pave the way to 161.8% projection at 1.6187 next. For now, risk will stay on the downside as long as 1.6503 resistance […]
26/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6538; (P) 1.6569; (R1) 1.6602; More… Range trading continues in EUR/AUD and intraday bias remains neutral at this point. Near term outlook will stay cautiously bullish as long as 1.6439 support holds. On the upside, above 1.6677 will target 1.6742 first. Decisive break there will resume whole rise from 1.6127 and target […]
22/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6468; (P) 1.6539; (R1) 1.6599; More… Intraday bias in EUR/AUD remains neutral as range trading continues. Near term outlook will stay cautiously bullish as long as 1.6439 support holds. On the upside, above 1.6677 will target 1.6742 first. Decisive break there will resume whole rise from 1.6127 and target 1.6844 resistance next. […]