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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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22/08/2024

EUR/GBP Mid-Day Outlook

Daily Pivots: (S1) 0.8502; (P) 0.8524; (R1) 0.8538; More…. EUR/GBP’s fall from 0.8624 resumed by breaking through 0.8507 temporary low as well as 55 D EMA (now at 0.8498. Intraday bias is back on the downs for 61.8% retracement of 0.8382 to 0.8624 at 0.8474. Firm break there will argue that recent down trend is […]
23/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1139; (P) 1.1161; (R1) 1.1185; More…. EUR/USD falls notably today but stays in range above 1.1001 support. Intraday bias remains neutral and further rally is expected. On the upside, above 1.1200 will target 1.1274 high. Firm break there will resume larger up trend. However, firm break of 1.1001 will indicate near term […]
11/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8564; (P) 0.8577; (R1) 0.8589; More…. Intraday bias in EUR/GBP remains neutral as consolidation from 0.8552 is extending. IN case of another recovery, upside should be limited below 0.8648 support turned resistance to bring another decline. Below 0.8552 will target 0.8491 low first. Firm break there will resume larger down trend. In […]