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Daily Pivots: (S1) 1.0816; (P) 1.0851; (R1) 1.0889; More… EUR/USD is staying above 1.0812 temporary low and intraday bias remains neutral for now. Further decline is mildly in favor as long as 1.0931 resistance holds. On the downside, break of 1.0812 will resume the fall from 1.1138 to 1.0722 support. On the upside, above 1.0931 […]

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GBP/USD Mid-Day Outlook

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EUR/USD Mid-Day Outlook

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14/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6603; (P) 0.6619; (R1) 0.6638; More… Intraday bias in AUD/USD remains neutral and outlook is unchanged. Another rise will be mildly in favor as long as 55 4H EMA (now at 0.6586) holds. Above 0.6666 will resume the rebound from 0.6442 to 61.8% retracement of 0.6877 to 0.6442 at 0.6707 next. Sustained […]
04/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2645; (P) 1.2680; (R1) 1.2747; More… Intraday bias in GBP/USD remains neutral and consolidation from 1.2731 could extend further. But further rally is expected as long as 1.2590 minor support holds. On the upside, decisive break of 1.2731 will resume the rally from 1.2036 for retesting 1.3141 high next. In the bigger […]
04/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6165; (P) 1.6221; (R1) 1.6281; More.. Another fall could still be seen in EUR/AUD with 1.6313 minor resistance holds. But considering bullish convergence condition in 4H MACD, stronger support could be seen from 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 to bring rebound. On the upside, firm break of […]