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Daily Pivots: (S1) 1.0962; (P) 1.0980; (R1) 1.0998; More…. Intraday bias in EUR/USD remains neutral for consolidations above 1.0950 temporary low. Fall from 1.1213 short term top is expected to continue as long as 1.1082 resistance holds. Below 1.0950 will target 38.2% retracement of 1.0447 to 1.1213 at 1.0920. Sustained break there will argue that […]

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11/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6464; (P) 0.6548; (R1) 0.6596; More… Intraday bias in AUD/USD remains on the downside for the moment. Decisive break of 0.6480 support will argue that is ready to resume through 0.6442. Next target will be 61.8% projection of 0.6870 to 0.6442 from 0.6643 at 0.6378. For now, risk will stay mildly on […]
08/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0760; (P) 1.0788; (R1) 1.0822; More… EUR/USD recovered after falling to 1.0754, and drew support from 55 D EMA (now at 1.0770). Intraday bias is turned neutral for consolidations. But another fall is in favor as long as 1.0894 minor resistance holds. Break of 1.0754 and sustained trading below 55 D EMA […]
03/12/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8273; (P) 0.8293; (R1) 0.8315; More… EUR/GBP is staying in range above 0.8259 and intraday bias stays neutral. Further decline is expected with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, down trend from 0.9267 (2022 high) […]