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Daily Pivots: (S1) 1.6307; (P) 1.6338; (R1) 1.6363; More… Range trading in EUR/AUD continues and intraday bias stays neutral at this point. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, above 1.6403 will resume the rebound […]

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19/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0900; (P) 1.0916; (R1) 1.0939; More… No change in EUR/USD’s outlook as consolidation from 1.1008 is still extending. Intraday bias stays neutral at this point. Further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to retest 1.1274 high. […]
04/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2684; (P) 1.2731; (R1) 1.2789; More… Intraday bias in GBP/USD remains on the upside for retesting 1.2859 high. Correction from there should have completed at 1.2612. Firm break of 1.2859 will resume rally from 1.2298. For now, risk will stay on the upside as long as 1.2612 support holds, in case of […]
12/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3740; (P) 1.3766; (R1) 1.3784; More… Intraday bias in USD/CAD is turned neutral with current retreat. Further rise is expected as long as 55 4H EMA (now at 1.3711) holds. Correction from 1.3845 might have completed at 1.3589 already. Above 1.3790 will bring retest of 1.3845 high. However, sustained break of 55 […]