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Daily Pivots: (S1) 1.0915; (P) 1.0927; (R1) 1.0944; More….. No change in EUR/USD’s outlook as range trading continues. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, above 1.0944 minor resistance will bring retest of 1.1007 first. Further break there will resume rally from 1.0665 to […]

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29/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6540; (P) 1.6569; (R1) 1.6612; More… Intraday bias in EUR/AUD remains neutral for consolidations below 1.6642 temporary top. 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 […]
28/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8968; (P) 0.8979; (R1) 0.9000; More… The break of 0.8992 resistance now argues that fall from 0.9223 has completed as a three-wave corrective move to 0.8825. Intraday bias is back on the upside for channel resistance (now at 0.9043). Firm break there will target 0.9157 resistance next. On the downside, below 0.8947 […]
21/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 197.76; (P) 198.21; (R1) 199.01; More… Intraday bias in GBP/JPY remains on the upside. Current rise from 191.34, as the second leg of the corrective pattern from 200.53, should target 100% projection of 191.34 to 180.07 from 195.02 at 200.75. On the downside, below 197.07 will turn intraday bias neutral first. Further […]