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Daily Pivots: (S1) 1.0765; (P) 1.0777; (R1) 1.0792; More… Intraday bias in EUR/USD remains as consolidation from 1.0694 is still extending. . Further decline is in favor with 1.0804 resistance intact. On the downside, below 1.0694 will resume the fall from 1.1138 to retest 1.0447 support. Nevertheless, considering bullish convergence condition in 4H MACD, above […]

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25/04/2024

EUR/USD Daily Outlook

.Daily Pivots: (S1) 1.0680; (P) 1.0697; (R1) 1.0716; More… Immediate focus is now on 1.0723 support turned resistance. Rejection from there, followed by break of 1.0677 minor support, will retain near term bearishness. Retest of 1.0601 low would be seen next. Nevertheless, firm break of 1.0723 will bring stronger rebound to 55 D EMA (now […]
05/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6047; (P) 1.6070; (R1) 1.6096; More… EUR/AUD is extending the consolidation from 1.5996 and intraday bias stays neutral. With 1.6211 support turned resistance intact, outlook remains bearish. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target 1.5846 key […]
21/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6054; (P) 1.6085; (R1) 1.6110; More… Intraday bias in EUR/AUD remains on the downside for now, despite some loss of momentum as seen in 4H MACD. Current down trend should target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. On the upside, above 1.6125 minor resistance will turn intraday bias […]