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Daily Pivots: (S1) 0.8259; (P) 0.8281; (R1) 0.8301; More… Intraday bias in EUR/GBP remains on the downside for 61.8% projection of 0.8624 to 0.8294 from 0.8446 at 0.8242. Break there will target 0.8201 key support. On the upside, above 0.8324 minor resistance will turn intraday bias neutral first. But outlook will stay bearish as long […]

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EUR/AUD Daily Outlook

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06/11/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0890; (P) 1.0913; (R1) 1.0954; More… EUR/USD’s fall from 1.1213 accelerates further and intraday bias remains on the downside. Next target is 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656. Firm break there will pave the way to 100% projection at 1.0483.For now, near term outlook will stay bearish as […]
16/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.74; (P) 149.33; (R1) 149.80; More… USD/JPY is staying in consolidation below 149.97 temporary top and intraday bias stays neutral. Further rally is expected with 146.48 resistance turned support intact. Above 149.97 will resume the rise from 139.57 to 61.8% retracement of 161.94 to 139.57 at 153.39 next. However, firm break of […]
09/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1049; (P) 1.1102; (R1) 1.1138; More…. EUR/USD dips notably today but stays in range above 1.1025. Intraday bias remains neutral for the moment. Consolidation from 1.1200 could extend with deeper pull back, but downside should be contained by 38.2% retracement of 1.0665 to 1.1200 at 1.0996 to bring rebound. Break of 1.1200 […]