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Daily Pivots: (S1) 1.6050; (P) 1.6119; (R1) 1.6173; More… Intraday bias in EUR/AUD stays on the downside as fall from 1.7180 is in progress for 61.8% projection of 1.7180 to 1.6256 from 1.6629 at 1.6058, and possibly below. But strong support should be seen from 1.5996 to contain downside and bring rebound. On the upside, […]

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18/12/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.39; (P) 161.43; (R1) 162.09; More… Intraday bias in EUR/JPY stays neutral for consolidations below 162.46 temporary top. Another rise is in favor as long as 159.09 support holds. Sideway pattern from 154.40 might still be in progress with another rising leg. Break of 162.46 will target 166.67 resistance. Nevertheless, break of […]
09/12/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9259; (P) 0.9289; (R1) 0.9317; More…. Intraday bias in EUR/CHF stays mildly on the downside at this point. Recovery fro 0.9204 could have completed after repeated rejection by falling 55 4H EMA. Deeper fall would be seen to retest 0.9204 low. Firm break of 0.9204/9 will indicate larger down trend resumption. Nevertheless, […]
01/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2608; (P) 1.2626; (R1) 1.2643; More… GBP/USD’s fall from 1.2892 resumed by breaking 1.2574 support. Intraday bias is back on the downside for 1.2517 structural support first. Decisive break there will suggest that rise from 1.2036 has completed at 1.2892 already, and turn near term outlook bearish. For now, risk will stay […]