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Daily Pivots: (S1) 1.6403; (P) 1.6442; (R1) 1.6505; More… Intraday bias in EUR/AUD remains neutral for the moment. Risk will stay on the downside as long as 1.6516 resistance holds. On the downside, below 1.6368 will resume the fall from 1.6742 towards 1.6127 low. Nevertheless, break of 1.6516 will turn bias back to the upside […]

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EUR/USD Mid-Day Outlook

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08/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0739; (P) 1.0764; (R1) 1.0779; More… Intraday bias in EUR/USD stays neutral for the moment. More consolidations could be seen below 1.0810. Further rally is expected as long as 55 4H EMA (now at 1.0731) holds. On the upside, above 1.0810 will resume the rebound from 1.0601 to 1.0884 resistance next. However, […]
07/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6551; (P) 1.6630; (R1) 1.6683; More… EUR/AUD’s deeper decline from 1.6742 and break of 1.6578 minor support mixes up the near term outlook. Intraday bias is back on the downside for 1.6450 support first. Decisive break there will argue that whole rebound from 1.6127 has completed with three waves up to 1.6742, […]
11/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0817; (P) 1.0824; (R1) 1.0838; More…. Range trading continues in EUR/USD and intraday bias remains neutral. Further rally is in favor as long as 55 4H EMA (now at 1.0796) holds. On the upside, above 1.0844 will resume the rebound from 1.0665 to retest 1.0915 resistance. Firm break there will target 100% […]