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Daily Pivots: (S1) 1.2716; (P) 1.2731; (R1) 1.2745; More… Intraday bias in GBP/USD remains on the downside as fall from 1.2892 is in progress. Sustained break of 55 D EMA (now at 1.2677) will target 1.2517 structural support next. On the upside, above 1.2758 minor resistance will turn intraday bias neutral first. In the bigger […]

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28/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6160; (P) 1.6201; (R1) 1.6263; More… EUR/AUD recovered again after brief dip to 1.6137 and intraday bias is turned neutral again. Below 1.6137 will target 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106. Meanwhile, considering bullish convergence condition in 4H MACD, firm break of 1.6265 resistance should indicate short term […]
02/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 160.90; (P) 161.31; (R1) 161.89; More… Intraday bias in USD/JPY remains on the upside at this point. Current up trend should target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. On the downside, below 160.25 minor support will turn intraday bias neutral and bring consolidations again, before staging another rally. […]
15/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9496; (P) 0.9521; (R1) 0.9521; More…. EUR/CHF’s rebound from 0.9209 short term bottom is still in progress. Intraday bias stays on the upside for 55 D EMA (now at 0.9592). On the downside, below 0.9423 minor support will turn intraday bias neutral first. In the bigger picture, medium term corrective pattern from […]