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Daily Pivots: (S1) 0.6600; (P) 0.6644; (R1) 0.6724; More… Intraday bias in AUD/USD remains on the upside as rebound from 0.6511 short term bottom is in progress. Sustained break of 55 D EMA (now at 0.6682) will bring stronger rebound back 61.8% retracement of 0.6941 to 0.6511 at 0.6777. On the downside, break of 0.6511 […]

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04/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8535; (P) 0.8585; (R1) 0.8612; More…. Intraday bias in EUR/GBP remains on the upside for the moment. As noted before, rebound from 0.8491 should have completed as a corrective move at 0.8764. Deeper fall should be seen to retest 0.8491 low first. Firm break there will resume larger down trend. On the […]
19/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1080; (P) 1.1135; (R1) 1.1172; More…. Intraday bias in EUR/USD stays mildly on the upside at this point. Decisive break of 1.1200 will resume larger rally from 1.0665 to 1.1274 high next. On the downside, however, break of 1.1072 will turn bias back to the downside for 1.1001 support instead. In the […]
05/11/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8378; (P) 0.8399; (R1) 0.8415; More… Intraday bias in EUR/GBP stays neutral first and consolidations from 0.8294 could extend further. On the downside, break of 0.8294 low will resume larger down trend to 0.8201 key support next. On the upside, break of 0.8446 will resume the rebound from 0.8294 short term bottom […]