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Daily Pivots: (S1) 1.0981; (P) 1.1014; (R1) 1.1046; More….. Intraday bias in EUR/USD remains on the upside for the moment. Current rise from 1.0665 in in progress for 100% projection of 1.0665 to 1.0947 from 1.0776 at 1.1058. Decisive break there could prompt upside acceleration through 1.1138 resistance to 161.8% projection at 1.1232. On the […]

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15/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6490; (P) 1.6549; (R1) 1.6584; More… EUR/AUD is still bounded in sideway trading and intraday bias remains neutral. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for […]
16/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2955; (P) 1.2975; (R1) 1.2988; More… Intraday bias in GBP/USD is turned neutral first with current retreat. Some consolidations would be seen below 1.2994 temporary top first. But further rally is expected as long as 1.2859 resistance turned support holds. Above 1.2994 will resume the rally from 1.2298 and target 100% projection […]
05/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8562; (P) 0.8572; (R1) 0.8581; More… EUR/GBP is still bounded in range below 0.8601 and intraday bias remains neutral. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has completed at 0.8601. Intraday bias will be back on the downside for retesting 0.8497 low next. […]