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Daily Pivots: (S1) 1.6524; (P) 1.6572; (R1) 1.6643; More… Intraday bias in EUR/USD stays neutral as consolidation continues in range of 1.6439/6742. Near term outlook will stay cautiously bullish as long as 1.6439 support holds. On the upside, above 1.6677 will target 1.6742 first. Decisive break there will resume whole rise from 1.6127 and target […]

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18/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6199; (P) 1.6232; (R1) 1.6289; More… EUR/AUD’s break of 1.6211 support turned resistance indicates short term bottoming at 1.5996. More importantly, correction from 1.7062 might have completed with three waves down to 1.5996, after hitting 1.6000 fibonacci support. Intraday bias is back on the upside for 1.6418 resistance. Firm break there will […]
06/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3487; (P) 1.3515; (R1) 1.3570; More… Intraday bias in USD/CAD stays neutral for the moment. On the upside, break of 1.3540 will resume the rise from 1.3176. That will also revive that case that whole fall from 1.3897 has completed, and target this resistance. Nevertheless, firm break of 1.3357 support will argue […]
11/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.09; (P) 152.66; (R1) 153.73; More… Intraday bias in USD/JPY remains on the upside at this point. 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03 is already met but there is not sign of topping yet. Sustained break there will target 155.20 projection level next. On the downside, below 151.95 […]