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Daily Pivots: (S1) 1.1018; (P) 1.1051; (R1) 1.1075; More…. Intraday bias in EUR/USD stays neutral at this point. While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1104 minor resistance will bring retest of 1.1200 first. Break there will target […]

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14/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6146; (P) 1.6210; (R1) 1.6245; More… Intraday bias in EUR/AUD remains neutral at this point, and outlook stays bearish with 1.6418 resistance intact. On the downside, break of 1.6173 will resume the decline from 1.6742, as the third leg of the correction from 1.7062. Next target is 61.8% projection of 1.6679 to […]
11/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6235; (P) 1.6311; (R1) 1.6362; More… Intraday bias in EUR/AUD stays neutral as range trading continues. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, sustained break of 55 D EMA (now at 1.6381) […]
22/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 202.75; (P) 203.47; (R1) 203.97; More… Intraday bias in GBP/JPY is back on the downside with breach of 20208 temporary low. Fall from 208.09 is resuming, as a correction to whole rise from 178.32. Next target is 55 D EMA (now at 201.02). Sustained break there will target 38.2% retracement of 178.32 […]