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Daily Pivots: (S1) 0.6697; (P) 0.6729; (R1) 0.6751; More… Intraday bias in AUD/USD is turned neutral first with 4H MACD crossed above signal line. Some consolidations could be seen, but further decline is expected as long as 0.6809 minor resistance holds. Below 0.6707 will resume the fall from 0.6941 short term top. Sustained trading below […]

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12/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6555; (P) 1.6589; (R1) 1.6642; More… Intraday bias in EUR/AUD remains neutral for the moment. Outlook is staying bullish with 1.6474 support intact. On the upside, above 1.6798 minor resistance will bring retest of 1.7180 resistance first. Firm break there will resume larger up trend to 1.7715 fibonacci projection level next. In […]
19/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3145; (P) 1.3221; (R1) 1.3290; More… Intraday bias in GBP/USD remains on the upside at this point. Current rally should target 61.8% projection of 1.2664 to 1.3265 from 1.3000 at 1.3371 in the near term. Firm break there will pave the way to 100% projection at 1.3601 next. On the downside, however, […]
08/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0813; (P) 1.0827; (R1) 1.0854; More…. Intraday bias in EUR/USD remains on the upside, as rise from 1.0665 is in progress for retesting 1.0915 resistance. Firm break there will target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0919 next. On the downside, below 1.0802 minor support will turn intraday bias […]