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Daily Pivots: (S1) 1.6502; (P) 1.6560; (R1) 1.6648; More… Intraday bias in EUR/AUD stays mildly on the upside at this point. Rise from 1.6368 would target 1.6677 resistance next. Break there will confirm that correction from 1.6742 has completed, and bring further rally through this high. On the downside, though, below 1.6511 minor support will […]

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EUR/USD Daily Outlook

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26/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2602; (P) 1.2627; (R1) 1.2663; More… Intraday bias in GBP/USD remains neutral as consolidations from 1.2574 is extending. Risk will stay on the downside as long as 55 4H EMA (now at 1.6905) holds. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support first. Decisive break there will suggest […]
28/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3184; (P) 1.3202; (R1) 1.3226; More… Intraday bias in USD/CAD remains on the downside at this point. Current fall from 1.3897 should target 1.3091 support and possibly below. On the upside, above 1.3284 minor resistance will turn intraday bias neutral and bring consolidations. But another decline will remain in favor as long […]
02/08/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8753; (P) 0.8797; (R1) 0.8823; More… USD/CHF’s decline from 0.9223 continues today and break of near term falling channel support indicates downside acceleration. Intraday bias stays on the downside. Sustained trading below 61.8% retracement of 0.8332 to 0.9223 at 0.8672 will pave the way to retest 0.8332 low. On the upside, above […]