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Daily Pivots: (S1) 0.8385; (P) 0.8404; (R1) 0.8415; More…. Intraday bias in EUR/GBP stays on the downside at this point. Larger down trend is resuming and should target 61.8% projection of 0.8619 to 0.8396 from 0.8498 at 0.8360. Firm break there could prompt downside acceleration to 100% projection at 0.8275. On the upside, above 0.8421 […]

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EUR/AUD Daily Outlook

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01/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.45; (P) 168.02; (R1) 168.82; More… EUR/JPY is extending consolidation from 171.58 short term top and intraday bias remains neutral. Overall outlook will remain bullish as long as 165.33 resistance turned support holds. Above 171.58 will resume larger up trend to 178.39 projection level next. In the bigger picture, current rally is […]
02/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3528; (P) 1.3558; (R1) 1.3600; More… Range trading continues in USD/CAD and intraday bias stays neutral. On the upside, decisive break of 1.3612 resistance will resume whole rise from 1.3176 towards 1.3897 resistance. On the downside, firm break of 1.3419 support will argue that rebound from 1.3176 has completed. Near term outlook […]
16/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6207; (P) 1.6237; (R1) 1.6275; More… Intraday bias in EUR/AUD is turned neutral with current recovery. On the downside, below 1.6185 will bring deeper fall to retest 1.6002 low. On the upside, however, above 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 to 1.6002 at 1.6452. In the bigger […]