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Daily Pivots: (S1) 1.0714; (P) 1.0751; (R1) 1.0778; More… Intraday bias in EUR/USD remains on the downside, with focus on 1.0722 structural support. Decisive break there will argue that whole rise from 1.0447 has completed. Deeper fall would then be seen to target this low. On the upside, break of 1.0896 resistance is needed to […]

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05/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6692; (P) 0.6720; (R1) 0.6755; More… Intraday bias in AUD/USD is turned neutral first with current recovery. On the downside, below 0.6685 will extend the decline from 0.6823 short term top to 38.2% retracement of 0.6348 to 0.6823 at 0.6642. Break will target 61.8% retracement at 0.6529. On the upside, though, above […]
13/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6437; (P) 1.6488; (R1) 1.6524; More… Intraday bias in EUR/AUD remains neutral at this point. Rebound from 1.6256 is still in favor to continue as long as 1.6457 support holds. Above 0.6629 will turn bias back to the downside for retesting 1.7180 high. However, firm break of 1.6457 support will suggest that […]
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. […]