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Daily Pivots: (S1) 1.3445; (P) 1.3472; (R1) 1.3488; More… Intraday bias in USD/CAD remains neutral for the moment as sideway trading continues. On the upside, break of 1.3540 will resume the rise from 1.3176. That will also revive that case that whole fall from 1.3897 has completed, and target this resistance. Nevertheless, firm break of […]

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EUR/AUD Daily Outlook

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EUR/USD Mid-Day Outlook

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03/02/2024

EUR/GBP Weekly Outlook

EUR/GBP edged lower to 0.8512 last week but recovered since then. Initial bias remains neutral this week for some more consolidations. But near term outlook will stay bearish as long as 0.8591 resistance holds. Below 0.8512 will resume the decline from 0.8713 to 0.8491, and then 0.8464 projection level. However, firm break of 0.8591 will […]
09/04/2024

EUR/AUD Mid-Day Outlook

Daily Pivots: (S1) 1.6398; (P) 1.6456; (R1) 1.6500; More.. EUR/AUD’s decline from 1.6742 resumed by breaking through 1.6412 support and intraday bias is back on the downside. Current development suggests that rebound from 1.6127 has completed. Break of 100% projection of 1.6742 to 1.6439 from 1.6677 at 1.6374 will pave the way to 161.8% projection […]
04/05/2024

EUR/AUD Weekly Outlook

EUR/AUD’s fall from 1.6742 continued last week despite interim strong rebound. Initial bias stays on the downside this week. This decline is seen as the third leg of the corrective pattern from 1.7062. Further fall should be seen to expected to 1.6127 support, or further to 100% projection of 1.7062 to 1.6127 from 1.6742 at […]