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Daily Pivots: (S1) 1.0942; (P) 1.0980; (R1) 1.1010; More….. Intraday bias in EUR/USD remains neutral and more consolidations would be seen below 1.1046. But another rally is in favor as long as 1.0880 support holds. Firm break of 100% projection of 1.0665 to 1.0947 from 1.0776 at 1.1058 could prompt upside acceleration through 1.1138 resistance […]

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22/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8532; (P) 0.8542; (R1) 0.8549; More… EUR/GBP accelerates lower today and the break of 0.8529 support argues that larger down trend is ready to resume. Intraday bias stays on the downside for 0.8491/7 support one. Firm break there will confirm this case and target 0.8376 projection level next. On the upside though, […]
20/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6189; (P) 1.6245; (R1) 1.6278; More… Intraday bias in EUR/AUD remains neutral and further decline is expected Break of 1.6161 will resume the fall from 1.6598 for retesting 1.5996/6002 key support zone. Nevertheless, break of 1.6359 will turn bias to the upside for stronger rebound towards 1.6598 resistance instead. In the bigger […]
16/04/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3744; (P) 1.3769; (R1) 1.3814; More… USD/CAD’s rally from 1.3176 is in progress and intraday bias remains on the upside. Decisive break of 100% projection of 1.3176 to 1.3540 from 1.3477 at 1.3841 will pave the way to 138.2% projection at 1.3980. On the downside, below 1.3773 minor support will turn intraday […]