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Daily Pivots: (S1) 1.0888; (P) 1.0927; (R1) 1.0960; More… Intraday bias in EUR/USD in turned neutral first with 4H MACD crossed above signal line. But further decline is mildly in favor with 1.1014 minor resistance holds. Below 1.0892 will resume the fall from 1.1138 short term top for 1.0772 support. Sustained break there will argue […]

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07/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0747; (P) 1.0776; (R1) 1.0792; More… Intraday bias in EUR/USD remains mildly on the downside for the moment. Sustained break of 55 D EMA (now at 1.0770) will extend the fall from 1.1016 short term top to retest 1.0447 support. On the upside, above 1.0804 minor resistance will turn intraday bias neutral […]
16/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6422; (P) 0.6458; (R1) 0.6477; More… AUD/USD’s break of 0.6442 support confirms resumption of whole fall from 0.6870. Intraday bias remains on the downside for 61.8% projection of 0.6870 to 0.6442 from 0.6643 at 0.6378. Decisive break there will pave the way to 0.6269 low, and possibly further to 100% projection at […]
05/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0853; (P) 1.0885; (R1) 1.0910; More… Intraday bias in EUR/USD remains neutral for the moment, as consolidation continues below 1.0915. Further rally is expected as long as 1.0788 support holds. Break of 1.0915 will resume the rally from 1.0601 to 61.8% projection of 1.0601 to 1.0894 from 1.0788 at 1.0969. However, firm […]