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Daily Pivots: (S1) 1.0793; (P) 1.0831; (R1) 1.0860; More….. Intraday bias in EUR/USD remains on the downside for the moment. Sustained break of 55 D EMA (now at 1.0815) will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947. Deeper decline should then be seen to 1.0601/0665 support zone next. […]

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EUR/USD Mid-Day Outlook

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19/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0857; (P) 1.0881; (R1) 1.0897; More… Intraday bias in EUR/USD remain son the downside for the moment as fall from 1.0980 is in progress. Sustained trading below 55 D EMA (now at 1.0856) will argue that rebound from 1.0694 has completed and bring retest of this low. On the upside, above 1.0905 […]
20/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9483; (P) 0.9499; (R1) 0.9520; More…. Intraday bias in EUR/CHF stays on the downside as fall from 0.9928 is in progress. Sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will raise the chance of long term down trend resumption, and target 0.9252 low next. On the upside, above 0.9566 […]
21/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6710; (P) 0.6744; (R1) 0.6765; More… Further rally is in favor in AUD/USD as long as 0.6689 support holds. Rise from 0.6269 would target 0.6894 resistance first. Sustained break there will target 0.7156 next. Nevertheless, break of 0.6689 will indicate short term topping, and turn bias back to the downside for deeper […]