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Daily Pivots: (S1) 1.6143; (P) 1.6181; (R1) 1.6212; More… Intraday bias in EUR/AUD is turned neutral first with current recovery. Some consolidations could be seen above 1.6148. But outlook will stay bearish as long as 1.6418 resistance holds. Firm break of 61.8% projection of 1.6679 to 1.6211 from 1.6418 at 1.6129 will pave the way […]

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EUR/USD Daily Outlook

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24/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3447; (P) 1.3469; (R1) 1.3485; More… Intraday bias in USD/CAD remains neutral for moment. Consolidation from 1.3540 could extend further. But further rally is expected as long as 1.3342 minor support holds. Fall from 1.3897 should have completed at 1.3716. Break of 1.3540w ill target 1.3617 cluster resistance (61.8% retracement of 1.3897 […]
18/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.00; (P) 186.73; (R1) 188.17; More… Intraday bias in GBP/JPY remains neutral at this point. Further decline is in favor with 188.08 minor resistance intact. Below 183.70 will resume the fall from 193.45 to retest 180.00 low. Firm break there will extend whole decline from 208.09 to 175.94 fibonacci level. However, break […]
11/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8440; (P) 0.8456; (R1) 0.8472; More… Intraday bias in EUR/GBP stays on the downside at this point. Current down trend should target 0.8376 projection level next. On the upside, above 0.8482 support turned resistance will turn intraday bias neutral and bring consolidations first, before staging another decline. In the bigger picture, down […]