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Daily Pivots: (S1) 0.8263; (P) 0.8282; (R1) 0.8296; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. On the upside, break of 0.8311 minor resistance will turn bias back to the upside for recovery. But still, outlook will […]

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AUD/USD Daily Report

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08/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3538; (P) 1.3565; (R1) 1.3602; More… Intraday bias in USD/CAD remains mildly on the upside for the moment. Rebound from 1.3148 is in progress for 38.2% retracement of 1.3946 to 1.3418 at 1.3505. Decisive break there will target 61.8% retracement at 1.3559 next. On the downside, however, break of 1.3516 minor support […]
09/04/2024

EUR/AUD Mid-Day Outlook

Daily Pivots: (S1) 1.6398; (P) 1.6456; (R1) 1.6500; More.. EUR/AUD’s decline from 1.6742 resumed by breaking through 1.6412 support and intraday bias is back on the downside. Current development suggests that rebound from 1.6127 has completed. Break of 100% projection of 1.6742 to 1.6439 from 1.6677 at 1.6374 will pave the way to 161.8% projection […]
01/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6567; (P) 0.6609; (R1) 0.6647; More… Intraday bias in AUD/USD remains neutral for the moment. Some more consolidations could be seen below 0.6674 first. But further rally is expected as long as 0.6521 resistance turned support holds. On the upside, sustained break break of channel resistance (now at 0.6661) will argue that […]