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Daily Pivots: (S1) 1.6153; (P) 1.6184; (R1) 1.6210; More… Intraday bias in EUR/AUD is back on the downside with breach of 1.6148 temporary low. Current fall from 1.6844 should target 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106. Meanwhile, considering bullish convergence condition in 4H MACD, firm break of 1.6265 resistance should indicate […]

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23/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0875; (P) 1.0889; (R1) 1.0905; More…. Intraday bias in EUR/USD remains neutral and further rise is in favor as long as 1.0871 minor support holds. Break of 1.0947 will target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0979. However, firm break of 1.0871 will turn bias to the downside for […]
11/06/2024

EUR/GBP Mid-Day Outlook

Daily Pivots: (S1) 0.8440; (P) 0.8456; (R1) 0.8472; More… EUR/GBP’s decline continues to as low as 0.8418 so far. Intraday bias remains on the downside for 0.8376 projection level next. On the upside, above 0.8446 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another decline. In the bigger picture, down […]
28/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6518; (P) 0.6529; (R1) 0.6545; More…. Intraday bias in AUD/USD remains neutral and outlook is unchanged. Risk will remain on the downside as long as 0.6633 resistance holds. Firm break of 0.6503 support will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside for 0.6442 […]