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Daily Pivots: (S1) 0.6650; (P) 0.6679; (R1) 0.6697; More… AUD/USD dips mildly today as consolidation from 0.6713 continues. Intraday bias stays neutral for the moment. Further rally is expected as long as 0.6578 support holds. As noted before, fall from 0.6870 has probably completed with three waves down to 0.6361 already. Above 0.6713 will target […]

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08/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0881; (P) 1.0939; (R1) 1.1002; More… Outlook in EUR/USD is unchanged and intraday bias stays neutral. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 support next. However, break of 1.0997 will turn bias back to the upside for retesting 1.1138 high instead. In […]
16/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6207; (P) 1.6237; (R1) 1.6275; More… Intraday bias in EUR/AUD is turned neutral with current recovery. On the downside, below 1.6185 will bring deeper fall to retest 1.6002 low. On the upside, however, above 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 to 1.6002 at 1.6452. In the bigger […]
16/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1063; (P) 1.1083; (R1) 1.1095; More…. Intraday bias in EUR/USD remains neutral at this point. On the upside, break of 1.1153 resistance will suggest that later rally is ready to resume and target 1.1200, and then 1.1274 high. On the downside, however, sustained break of 38.2% retracement of 1.0665 to 1.1200 at […]