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Daily Pivots: (S1) 1.6231; (P) 1.6292; (R1) 1.6345; More… Intraday bias in EUR/AUD remains on he downside for the moment. Current fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Deeper decline should be seen to expected to 1.6127 support, or further to 100% projection of 1.7062 to 1.6127 […]

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EUR/USD Daily Outlook

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EUR/USD Mid-Day Outlook

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22/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8502; (P) 0.8524; (R1) 0.8538; More…. Intraday bias in EUR/GBP remains neutral as range trading continues above 0.8507. For now, strong support is still expected from 55 D EMA (now at 0.8498), to complete the correction from 0.8624. Break of 0.8591 resistance will argue that rise from 0.8382 is ready to resume […]
13/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8897; (P) 0.8940; (R1) 0.8988; More…. Intraday bias in USD/CHF remains neutral as range trading continues between 0.8880/8987On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring deeper decline. On the upside, firm break of 0.8987 support turned resistance will argue that correction from 0.9223 has […]
11/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0739; (P) 1.0760; (R1) 1.0787; More…. EUR/USD’s fall from 1.0915 is in progress and intraday bias stays on the downside. This decline is seen as another falling leg of the corrective pattern from 1.1274. Further decline should be seen to retest 1.0601 support next. On the upside, above 1.0772 minor resistance will […]