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Daily Pivots: (S1) 1.0628; (P) 1.0783; (R1) 1.0885; More… Intraday bias in EUR/USD remains on the downside as fall from 1.1213 is in progress. Next target is 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656. Firm break there will pave the way to 100% projection at 1.0483. For now, near term outlook will […]

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EUR/AUD Daily Outlook

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EUR/USD Mid-Day Outlook

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08/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3538; (P) 1.3565; (R1) 1.3602; More… Intraday bias in USD/CAD remains mildly on the upside for the moment. Rebound from 1.3148 is in progress for 38.2% retracement of 1.3946 to 1.3418 at 1.3505. Decisive break there will target 61.8% retracement at 1.3559 next. On the downside, however, break of 1.3516 minor support […]
30/01/2024

EUR/GBP Mid-Day Outlook

Daily Pivots: (S1) 0.8510; (P) 0.8527; (R1) 0.8542; More… Intraday bias in EUR/GBP is turned neutral first with today’s strong recovery. Immediate focus is now on 0.8563 minor resistance. Firm break there will suggest short term bottoming, on bullish convergence condition in 4H MACD. Intraday bias will be turned to the upside for stronger rebound […]
04/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1018; (P) 1.1051; (R1) 1.1075; More…. Intraday bias in EUR/USD stays neutral at this point. While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1104 minor resistance will bring retest of 1.1200 first. Break there will target […]