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Daily Pivots: (S1) 0.6570; (P) 0.6593; (R1) 0.6607; More… AUD/USD’s decline from 0.6941 is in progress and intraday bias stays on the downside for 61.8% retracement of 0.6269 to 0.6941 at 0.6526. Sustained break there will target 0.6348 support next. On the upside, above 0.6609 minor resistance will turn intraday bias neutral and bring consolidations […]

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21/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6463; (P) 1.6484; (R1) 1.6517; More… Focus stays on 1.6474 support in EUR/AUD. Decisive break there will argue that rise from 1.5996 has completed, and dampen the larger bullish view. Intraday bias will be back on the downside for deeper fall towards 1.5996 in this case. Nevertheless, strong rebound from current level, […]
18/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 154.03; (P) 155.26; (R1) 156.11; More.. Intraday bias in EUR/JPY stays neutral as consolidation from 153.15 is extending. Outlook will stay bearish as long as 157.67 resistance holds. Break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In the bigger picture, price actions […]
13/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9430; (P) 0.9455; (R1) 0.9475; More… EUR/CHF is extending consolidation from 0.9402 and intraday bias remains neutral for the moment. Overall outlook stays bearish as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 […]