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Daily Pivots: (S1) 1.6223; (P) 1.6270; (R1) 1.6354; More… Intraday bias in EUR/AUD stays on the upside for the moment. Break of 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 to 1.6002 at 1.6452. On the downside, though, below 1.6132 will bring retest of 1.6002 low instead. In the bigger picture, as […]

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21/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2687; (P) 1.2707; (R1) 1.2725; More… Intraday bias in GBP/USD remains on the upside at this point. Rise from 1.2298 would target 100% projection of 1.2298 to 1.2633 from 1.2445 at 1.2780. On the downside, below 1.2642 minor support will turn intraday bias neutral again. But further rise will now remain in […]
11/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3747; (P) 1.3764; (R1) 1.3775; More… Intraday bias in USD/CAD remains mildly on the upside at this point. Correction from 1.3845 might have completed at 1.3589 already. Further rise would be seen to retest 1.3845 high. On the downside, break of 1.3662 support will extend the corrective pattern from 1.3845 with another […]
25/11/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8272; (P) 0.8310; (R1) 0.8351; More… Range trading continues in EUR/GBP and intraday bias remains neutral. Outlook stays bearish with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, down trend from 0.9267 (2022 high) is in progress. […]