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Daily Pivots: (S1) 1.0876; (P) 1.0893; (R1) 1.0925; More…. No change in EUR/USD’s outlook and intraday bias remains on the upside for the moment. Decisive break of 1.0915 resistance will resume whole rise from 1.0601 to 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0979. On the downside, below 1.0859 minor support will turn […]

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EUR/AUD Daily Outlook

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04/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6625; (P) 0.6650; (R1) 0.6701; More… Further rally is expected in AUD/USD as long as 0.6570 support holds. Sustained break of channel resistance (now at 0.6652) will argue that whole decline from 0.7156 has completed with three waves down to 0.6269. Further rally should then be seen to 0.6894 resistance for confirmation. […]
19/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 189.55; (P) 189.86; (R1) 190.17; More….. GBP/JPY’s rally from 187.94 accelerates higher today and intraday bias stays on the upside. Decisive break of 191.29 will confirm resumption of larger up trend. Next near term target will be 61.8% projection of 178.32 to 191.29 from 187.94 at 195.95, which is close to 195.86 […]
30/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9361; (P) 0.9380; (R1) 0.9407; More…. A temporary low is formed at EUR/CHF at 0.9351, inch above 61.8% retracement of 0.9209 to 0.9579 at 0.9350. Intraday bias is turned neutral for some consolidations. Further decline is expected as long as 0.9497 resistance holds. Firm break of 0.9350 will pave the way to […]