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Daily Pivots: (S1) 1.6627; (P) 1.6661; (R1) 1.6717; More… Intraday bias in EUR/AUD remains neutral as consolidations continue below 1.6712. Deeper retreat could be seen, but downside should be contained by 55 4H EMA (now at 1.6553. On the upside, break of 1.6712 will resume the rally from 1.5693 to retest 1.7180 high next. In […]

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20/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8388; (P) 0.8406; (R1) 0.8419; More… EUR/GBP’s break of 0.8399 support confirms resumption of the decline from 0.8624. Intraday bias stays on the downside for 0.8382 low. Firm break there will resume larger down trend. Next near term target will be 61.8% projection of 0.8624 to 0.8399 from 0.8463 at 0.8324. For […]
29/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8610; (P) 0.8647; (R1) 0.8678; More…. Intraday bias in USD/CHF remains neutral as consolidation continues below 0.8727. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this low. On the upside, firm […]
18/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8435; (P) 0.8448; (R1) 0.8463; More… EUR/GBP is staying in consolidation above 0.8396 and intraday bias stays neutral. Outlook But outlook will remain bearish as long as 0.8482 support turned resistance holds. Below 0.8396 will resume larger down trend to 0.8376 projection level next. In the bigger picture, down trend from 0.9267 […]