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Daily Pivots: (S1) 0.8293; (P) 0.8320; (R1) 0.8340; More… EUR/GBP is still staying in range above 0.8295 after repeated rejection by 55 4H EMA and intraday bias remains neutral. Outlook stays bearish with 0.8433 resistance intact. On the downside, break of 0.8294 will resume larger down trend to 0.8201 key support next. Strong support could […]

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EUR/USD Mid-Day Outlook

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21/11/2024

EUR/AUD Mid-Day Outlook

Daily Pivots: (S1) 1.6190; (P) 1.6214; (R1) 1.6230; More… EUR/AUD’s fall from 1.6598 resumed by breaking through 1.6161, and intraday bias is back on the downside. Deeper decline should be seen to 1.5996/6002 key support zone. Decisive break there will carry larger bearish implications. For now, risk will stay on the downside as long as […]
27/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2594; (P) 1.2644; (R1) 1.2672; More… Further decline is expected in GBP/USD as long as 1.2702 resistance holds. Sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. On the upside, however, firm break of 1.2702 resistance will argue that pull […]
03/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9392; (P) 0.9419; (R1) 0.9458; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. As noted before, rebound from 0.9209 could have completed at 0.9579 already. Deeper fall is expected as long as 0.9455 minor resistance holds. Break of 0.9351 will target 0.9209 low next. However, break of 0.9497 will […]