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Daily Pivots: (S1) 1.6187; (P) 1.6247; (R1) 1.6324; More… Intraday bias in EUR/AUD stays neutral first. On the upside, firm break of 1.6359 resistance will be the first sign of bullish reversal and target 1.6598 resistance for confirmation. On the downside, though, below 1.6125 minor support will bring retest of 1.5963 low. In the bigger […]

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EUR/USD Daily Outlook

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24/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0669; (P) 1.0695; (R1) 1.0719; More…. Intraday bias in EUR/USD remains neutral as range trading continues above 1.0667. Further fall is expected with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Break of 1.0667 will target 1.0601 and below. However, firm break of 1.0760 […]
16/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6687; (P) 0.6710; (R1) 0.6728; More… Intraday bias in AUD/USD stays neutral at this point. On the upside, break of 0.6766 resistance should confirm that corrective pullback from 0.6823 has completed at 0.6621 already. Retest of 0.6823 should be seen next. On the downside, however, sustained break of 38.2% retracement of 0.6348 […]
10/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6236; (P) 1.6278; (R1) 1.6326; More… Intraday bias in EUR/AUD is turned neutral with current retreat. Another rise is in favor as long as 55 4H EMA (now at 1.6251) holds. Above 1.6351 will resume the rebound from 1.6002 short term bottom to 38.2% of 1.7180 to 1.6002 at 1.6452. Decisive break […]