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Daily Pivots: (S1) 1.6516; (P) 1.6548; (R1) 1.6602; More… Intraday bias in EUR/AUD remains neutral for the moment. Rise from 1.596 is still in favor to continue with 1.6474 support intact. On the upside, break of 1.6745 resistance will suggest that pullback from 1.7180 has completed, and retain near term bullishness. Further rise should then […]

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07/08/2024

EUR/AUD Daily Outlook

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 […]
22/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.02; (P) 156.57; (R1) 157.01; More.. Intraday bias in EUR/JPY remains neutral at this point. On the upside, above 158.55 will resume the rebound from 153.15 through 55 D EMA (now at 158.82). On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 […]
18/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3743; (P) 1.3790; (R1) 1.3821; More… A temporary top was formed at 1.3845 in USD/CAD after hitting 100% projection of 1.3176 to 1.3540 from 1.3477 at 1.3841. Intraday bias is mildly on the downside for pull back to 55 4H EMA (now at 1.3711). But downside should be contained by 1.3660 support […]