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Daily Pivots: (S1) 201.51; (P) 202.11; (R1) 203.09; More… Intraday bias in GBP/JPY remains on the upside for 61.8% projection of 191.34 to 200.72 from 197.18 at 202.97. Firm break there will pave the way to 100% projection at 206.56 next. on the downside, below 200.46 minor support will turn intraday bias neutral first. But […]

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EUR/AUD Daily Outlook

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09/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8542; (P) 0.8583; (R1) 0.8607; More…. EUR/GBP’s break of 0.8561 support argues that a short term top was formed at 0.8624 already. Intraday bias is back on the downside for deeper pullback to 55 4H EMA (now at 0.8531). On the upside, though, break of 0.8624 will resume the rally from 0.8382 […]
05/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6623; (P) 1.6652; (R1) 1.6708; More… EUR/AUD’s rally resumed by breaking through 1.6692 temporary top and intraday bias is back on the upside. Rise from 1.6127 should target 61.8% projection of 1.6127 to 1.6671 from 1.6450 at 1.6786. Firm break there will target 100% projection at 1.6994 next. For now, near term […]
20/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8866; (P) 0.8882; (R1) 0.8898; More…. USD/CHF’s rally from 0.8332 is still in progress and intraday bias stays on the upside for 61.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.8934. Firm break there will target 100% projection at 0.9062 next. On the downside, break of 0.cminor support will turn intraday […]