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Daily Pivots: (S1) 1.6510; (P) 1.6541; (R1) 1.6594; More… Intraday bias in EUR/AUD stays neutral at this point. Consolidation from 1.6671 could extend further. But rise from 1.6127 is expected to continue as long as 1.6398 support holds. Corrective fall from 1.7062 should have completed with three waves down to 1.6127 already. Above 1.6671 will […]

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12/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6459; (P) 1.6539; (R1) 1.6579; More… Intraday bias in EUR/AUD is turned neutral with current retreat. Rebound from 1.6256 is still in favor to continue as long as 1.6457 support holds. Above 0.6629 will turn bias back to the downside for retesting 1.7180 high. However, firm break of 1.6457 support will suggest […]
24/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6550; (P) 0.6581; (R1) 0.6610; More… Intraday bias in AUD/USD stays neutral for the moment. Consolidation from 0.6524 could extend further. But further decline is expected as long as 0.6639 support turned resistance holds. Firm break of 0.6524 support will argue that whole rebound from 0.6269 has completed, and bring deeper fall […]
06/02/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0714; (P) 1.0751; (R1) 1.0778; More… Intraday bias in EUR/USD remains on the downside, with focus on 1.0722 structural support. Decisive break there will argue that whole rise from 1.0447 has completed. Deeper fall would then be seen to target this low. On the upside, break of 1.0896 resistance is needed to […]