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Daily Pivots: (S1) 1.6699; (P) 1.6785; (R1) 1.6859; More… EUR/AUD’s retreat from 1.7180 extends lower today but stays well above 1.6474 support. Intraday bias remains neutral first and further rally is still in favor. On the upside, above 1.6869 minor resistance will turn bias back to the upside for retesting 1.7180. Firm break there will […]

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18/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0855; (P) 1.0929; (R1) 1.0970; More… Intraday bias in EUR/USD stays neutral for the moment, as consolidation from 1.1016 is extending. Deeper retreat cannot be ruled out, but 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 […]
21/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.70; (P) 170.01; (R1) 170.40; More… EUR/JPY’s break of 170.12 resistance suggests that corrective fall from 170.87 has completed with three waves down to 167.52. Rise from 164.01 might be ready to resume. Intraday bias is back on the upside for 170.87 first. Firm break there will target 61.8% projection of 164.01 […]
15/02/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2531; (P) 1.2571; (R1) 1.2606; More… Intraday bias in GBP/USD remains neutral at this point. On the upside, break of 1.2691 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue that whole rise from […]