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AUD/USD’s decline from 0.6941 resumed last week and dived to as low as 0.6371. Initial bias stays on the downside this week for 0.6348 support first. Firm break there will target 0.6269 support next. On the upside, above 0.6455 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another fall. In […]

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EUR/AUD Weekly Outlook

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28/09/2024

AUD/USD Weekly Report

AUD/USD’s rally contained last week and hit as high as 0.6936. Initial bias is on the upside this week. Firm break of 0.6941 will pave the way to 100% projection of 0.6348 to 0.6823 from 0.6621 at 0.7096. On the downside, below 0.6817 support will turn intraday bias neutral first. In the bigger picture, overall, […]
01/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1096; (P) 1.1153; (R1) 1.1191; More…. Intraday bias in EUR/USD remains neutral and more consolidations could be seen below 1.1213. Further rally is expected as long as 1.1001 support holds. Above 1.1213 will resume the rise from 1.0665 to 1.1274 high. Firm break there will resume larger up trend. Next near term […]
15/12/2024

EUR/AUD Weekly Outlook

EUR/AUD’s rally from 1.5963 extend further to 1.6573 last week but failed to break through 1.6598 resistance and turned sideway. Initial bias remains neutral this week first, and further rally is in favor. On the upside, decisive break of 1.6598 resistance should confirm that whole fall from 1.7180 has complete with three waves down to […]