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Daily Pivots: (S1) 0.6259; (P) 0.6280; (R1) 0.6304; More… AUD/USD’s rally from 0.6130 extended with break of 0.6301 resistance. Intraday bias is back on the upside for 55 D EMA (now at 0.6352), and possibly above. But strong resistance should be seen from 38.2% retracement of 0.6941 to 0.6130 at 0.6440 to limit upside. On […]

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EUR/AUD Daily Outlook

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EUR/USD Daily Outlook

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19/12/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0292; (P) 1.0402; (R1) 1.0461; More… Intraday bias in EUR/USD is back on the downside with strong break of 1.0452 minor support. Fall from 1.1213 should be resuming to 61.8% projection of 1.0936 to 10330 from 1.0629 at 1.0254. Firm break there will target 100% projection at 1.0023. ON the upside, above […]
26/04/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0692; (P) 1.0716; (R1) 1.0754; More… Intraday bias in EUR/USD remains mildly on the upside at this point. Rebound from 1.0601 could extend to 55 D EMA (now at 1.0784). On the downside, break of 1.0677 minor support will turn intraday bias to the downside for retesting 1.0601 low. In the bigger […]
02/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8517; (P) 0.8533; (R1) 0.8542; More… Intraday bias in EUR/GBP remains neutral at this point. Below 0.8521 will resume the fall from 0.8764 to retest 0.8491. Break there will extend larger down trend to 0.8464 projection level. On the upside, above 0.8566 minor resistance will suggest short term bottoming, on bullish convergence […]