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Daily Pivots: (S1) 1.3363; (P) 1.3383; (R1) 1.3399; More… Intraday bias in USD/CAD is turned neutral with current retreat. But further rally is in favor as long as 1.3286 minor support holds. Above 1.3413 will resume the rebound from 1.3176 to 38.2% retracement of 1.3897 to 1.3176 at 1.3451. Firm break there will pave the […]

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21/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6233; (P) 1.6264; (R1) 1.6314; More… Intraday bias in EUR/AUD is turned neutral as it recovered after brief dip to 1.6211. Further decline remains in favor as long as 1.6381 resistance holds. Break of 1.6211 will resume larger corrective decline from 1.7062 to 1.6127 support, or further to 100% projection of 1.7062 […]
21/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0686; (P) 1.0719; (R1) 1.0735; More…. EUR/USD is staying in range above 1.0667 and intraday bias remains neutral. Further decline is expected with 1.0760 resistance intact. Break of 1.0667 will resume the fall from 1.0915, as another leg in the larger corrective pattern. Next target is 1.0601 low. However, break of 1.0760 […]
15/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6305; (P) 1.6338; (R1) 1.6358; More… Intraday bias in EUR/AUD remains neutral for the moment. While stronger recovery might be seen, further decline is expected as long as 1.6494 resistance holds. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 will turn bias […]