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Daily Pivots: (S1) 0.6564; (P) 0.6606; (R1) 0.6651; More… Intraday bias in AUD/USD stays on the upside for the moment. Fall from 0.6870 could have completed with three waves down to 0.6361. Further rally would be seen to 100% projection of 0.6361 to 0.6585 from 0.6464 at 0.6688 next. On the downside, below 0.6567 minor […]

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EUR/USD Daily Outlook

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EUR/USD Mid-Day Outlook

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11/12/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8227; (P) 0.8255; (R1) 0.8272; More… Intraday bias in EUR/GBP remains on the downside. Current fall is part of the larger down trend, and should target 0.8201 key support level next. Strong support could be seen there to bring rebound. On the downside, above 0.8282 minor resistance will turn intraday bias neutral […]
15/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8533; (P) 0.8542; (R1) 0.8557; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has completed at 0.8601. Intraday bias will be back on the downside for retesting 0.8497 low next. On the upside, break […]
14/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8773; (P) 0.8782; (R1) 0.8799; More…. Intraday bias in USD/CHF remains neutral at this point. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have completed, and bring deeper fall to 0.8550 support. Nevertheless, strong bounce from current level will retain near term bullishness. Further […]