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Daily Pivots: (S1) 1.6248; (P) 1.6288; (R1) 1.6323; More… Intraday bias in EUR/AUD remains neutral, but further decline remains in favor as long as 1.6381 resistance holds. Break of 1.6211 will resume larger corrective decline from 1.7062 to 1.6127 support, or further to 100% projection of 1.7062 to 1.6127 from 1.6742 at 1.5807. However, break […]

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EUR/GBP Daily Outlook

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26/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8563; (P) 0.8577; (R1) 0.8590; More… Break of 55 4H EMA suggests that EUR/GBP’s rise from 0.8519 has completed at 0.8643, ahead of medium term trend line resistance. near term bearishness is retained. Intraday bias is back on the downside for retesting 0.8491/7 support zone. On the upside, above 0.8599 minor resistance […]
23/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.55; (P) 164.82; (R1) 165.25; More… Range trading continues in EUR/JPY and intraday bias stays neutral. Consolidation from 165.33 could extend further. On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. However, decisive break of 162.59 will argue that it’s at least correcting the […]
10/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8434; (P) 0.8440; (R1) 0.8448; More… EUR/GBP is still extending the consolidation from 0.8399 and intraday bias remains neutral. Further decline is expected with 0.8466 resistance intact. On the downside, below 0.8399 will resume the fall from 0.8624 and target 0.8382 support. Firm break there will resume larger down trend. In the […]