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Daily Pivots: (S1) 1.0856; (P) 1.0885; (R1) 1.0929; More… EUR/USD’s break of 1.0887 confirms resumption of rebound from 1.0694. Intraday bias is back on the upside for retesting 1.1138 first. Firm break there will resume the rise from 1.0447 to retest 1.1274 high. For now, further rally is in favor as long as 1.0795 support […]

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EUR/AUD Daily Outlook

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GBP/USD Mid-Day Outlook

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20/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8531; (P) 0.8543; (R1) 0.8554; More… EUR/GBP is still bounded in range trading and intraday bias stays neutral. On the downside, decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. However, firm break of 0.8577 will turn bias back to the upside for […]
20/04/2024

GBP/USD Weekly Outlook

GBP/USD’s decline from 1.2892 continued lower last week despite interim recovery. Initial bias is on the downside this week for 100% projection of 1.2892 to 1.2538 from 1.2708 at 1.2354. Firm break there will target 161.8% projection at 1.2207 next. On the upside, above 1.2467 minor resistance will turn bias neutral and bring consolidations first, […]
27/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6801; (P) 0.6815; (R1) 0.6837; More… AUD/USD’s rally from 0.6269 continues today and hits as high as 0.6839 so far. Intraday bias remains on the upside for 0.6894 resistance first. Sustained break there will target 0.7156 next. On the downside, below 0.6772 minor support will turn intraday bias neutral first. But outlook […]