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Daily Pivots: (S1) 0.8529; (P) 0.8548; (R1) 0.8564; More…. EUR/GBP’s break of 0.8567 suggests that corrective pullback from 0.8624 has completed at 0.8530, after hitting 38.2% retracement of 0.8382 to 0.8624 at 0.8532. Intraday bias is back on the upside for retesting 0.8624 first. Break there will resume the rally from 0.8382. However, decisive break […]

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30/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6498; (P) 1.6545; (R1) 1.6571; More… Intraday bias in EUR/AUD stays neutral as consolidation from 1.6642 is extending. Further rally is expected as long as 1.6384 support holds. Corrective fall from 1.7062 should have completed with three waves down to 1.5998. Above 1.6642 will target 1.6742 resistance. Decisive break there will argue […]
01/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9607; (P) 0.9624; (R1) 0.9644; More…. Immediate focus is now on 0.9683 as EUR/CHF extended the rebound from 0.9476. Decisive break there will argue that Fall from 0.9928 has completed, probably as a correction. Intraday bias will be back on the upside for retesting 0.9928 resistance. Nevertheless, rejection by 0.9683 will maintain […]
08/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6476; (P) 1.6504; (R1) 1.6551; More… EUR/AUD is still bounded in range trading and intraday bias stays neutral. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for […]