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Daily Pivots: (S1) 1.6221; (P) 1.6375; (R1) 1.6457; More… Despite today’s recovery, further decline is expected in EUR/AUD with 1.6449 support turned resistance intact. While fall from 1.7062 is in progress for 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 next. On the upside, above 1.6649 resistance will turn intraday bias and bring […]

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19/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1080; (P) 1.1135; (R1) 1.1172; More…. Intraday bias in EUR/USD is now on the upside with breach of 1.1153 resistance. Firm break of 1.1200 will resume larger rally from 1.0665 to 1.1274 high next. On the downside, however, break of 1.1072 will turn bias back to the downside for 1.1001 support instead. […]
20/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9432; (P) 0.9461; (R1) 0.9483; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9402 could extend further. But still, deeper decline is expected with 0.9543 resistance intact. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from […]
20/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.88; (P) 189.17; (R1) 189.44; More… GBP/JPY is still extending range trading below 190.05 and intraday bias remains neutral. Further rally is expected with 187.83 minor support intact. Break of 190.05 will target 61.8% projection of 178.71 to 188.90 from 185.21 at 191.50. However, break of 187.83 will turn bias to the […]