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Daily Pivots: (S1) 1.2886; (P) 1.2930; (R1) 1.2958; More… Intraday bias in GBP/USD remains neutral for consolidation below 1.3043. Downside of consolidations should be contained by 1.2859 resistance turned support to bring another rally. Break of 1.3043 will resume the rise from 1.2298 and target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, […]

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30/11/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6609; (P) 0.6637; (R1) 0.6678; More… Intraday bias in AUD/USD is turned neutral with current retreat. Some more consolidations could be seen first. But further rally is expected as long as 0.6521 resistance turned support holds. On the upside, sustained break break of channel resistance (now at 0.6663) will argue that whole […]
11/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6037; (P) 1.6050; (R1) 1.6067; More… EUR/AUD is staying in range above 1.5996 and intraday bias remains neutral. More consolidations could be seen but outlook will remain 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 […]
25/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0784; (P) 1.0826; (R1) 1.0850; More… Intraday bias in EUR/USD is turned neutral with current recovery and some consolidations would be seen. But risk will stay on the downside as long as 55 4H EMA (now at 1.0868) holds. Below 1.0801 will resume the fall from 1.0980 to retest 1.0694 first. Break […]