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Daily Pivots: (S1) 1.2694; (P) 1.2728; (R1) 1.2765; More… GBP/USD’s rally from 1.2517 is in progress and intraday bias stays on the upside. Further rise would be seen to 1.2826 resistance first. Firm break there will resume whole rally from 1.2036, and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. For […]

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EUR/AUD Daily Outlook

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GBP/USD Mid-Day Outlook

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05/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1048; (P) 1.1071; (R1) 1.1107; More…. Focus is now on 1.1104 minor resistance in EUR/USD. Firm break there will indicate that pull back from 1.1200 has completed at 1.1025, and bring further rise to retest this high. However, break of 1.1025 will extend the correction from 1.1200 instead. In the bigger picture, […]
06/02/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6461; (P) 0.6491; (R1) 0.6513; More… Intraday bias in AUD/USD is turned neutral with current recovery. But further decline is expected as long as 0.6621 resistance holds. Break of 0.6468 will resume the fall from 0.6870, as part of the down trend from 0.7156, to 61.8% projection of 0.6870 to 0.6524 from […]
01/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6006; (P) 1.6077; (R1) 1.6132; More… Intraday bias in EUR/AUD remains neutral for the moment and some more consolidations could be seen above 1.5996. But outlook stays bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 […]