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Daily Pivots: (S1) 0.9424; (P) 0.9484; (R1) 0.9519; More… Despite today’s recovery, further decline is expected in EUR/CHF with 0.9543 minor resistance intact. Retest of 0.9507/16 support zone should be seen next. Decisive break there will resume larger down trend. On the upside, touching 0.9543 minor resistance will delay the bearish case and turn intraday […]

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EUR/AUD Daily Outlook

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EUR/USD Mid-Day Outlook

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05/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2624; (P) 1.2654; (R1) 1.2673; More… Intraday bias in GBP/USD remains mildly on the downside for 1.2517/38 support zone. Decisive break there will suggest that rise from 1.2036 has completed at 1.2892 already, and turn near term outlook bearish. On the upside, however, firm break of 1.2682 will suggest that fall from […]
31/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6359; (P) 1.6418; (R1) 1.6486; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, break of 1.6512 minor resistance will argue that pull back from 1.6671 has completed, and revive near term bullishness. Intraday bias will be back on the upside for 1.6671 resistance. On the downside, break […]
15/02/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0704; (P) 1.0719; (R1) 1.0744; More… Intraday bias in EUR/USD is turned neutral with current recovery, and some consolidations could be seen first. Outlook will remain bearish as long as 1.0804 resistance holds. Below 1.0694 will resume the fall from 1.1138 to retest 1.0447 support. Nevertheless, considering bullish convergence condition in 4H […]