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Daily Pivots: (S1) 0.6894; (P) 0.6918; (R1) 0.6939; More… Intraday bias in AUD/USD stays on the upside at this point, and current rally from 0.6340 should target 100% projection of 0.6348 to 0.6823 from 0.6621 at 0.7096. On the downside, below 0.6867 minor support will turn intraday bias neutral first. In the bigger picture, overall, […]

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17/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6225; (P) 1.6270; (R1) 1.6318; More… Intraday bias in EUR/AUD remains neutral as range trading continues above 1.6216. Further decline is expected with 1.6381 resistance intact. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 will turn bias back to the downside to […]
08/02/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0755; (P) 1.0770; (R1) 1.0787; More… Intraday bias in EUR/USD remains neutral for the moment, with focus staying on 1.0722 structural support. Decisive break there will argue that whole rise from 1.0447 has completed. Deeper fall would then be seen to target this low. On the upside, break of 1.0896 resistance is […]
06/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2763; (P) 1.2779; (R1) 1.2803; More….. Intraday bias in GBP/USD remains neutral at this point. As long as 1.2693 support holds, further rally is in favor. Above 1.2816 will resume the rally from 1.2298 to 1.2892 resistance next. On the downside, break of 1.2693 minor support will turn intraday bias to the […]