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Daily Pivots: (S1) 0.8787; (P) 0.8831; (R1) 0.8863; More… Intraday bias in USD/CHF remains neutral and outlook is unchanged. Further rally is in favor with 0.8800 support intact. On the upside, break of 0.8956 will resume the rally from 0.8374, and target 0.9223 key resistance next. However, firm break of 0.8800 will confirm short term […]

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EUR/USD Mid-Day Outlook

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20/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0842; (P) 1.0859; (R1) 1.0884; More… Intraday bias in EUR/USD remains neutral for consolidation above 1.0834 temporary low. Further decline is in favor as long as 1.0905 resistance holds. On the downside, sustained trading below 55 D EMA (now at 1.0856) will argue that rebound from 1.0694 has completed and bring retest […]
18/10/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2982; (P) 1.3003; (R1) 1.3031; More… Intraday bias in GBP/USD is turned neutral with current recovery. On the downside, sustained trading below 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) will argue that whole rise from 1.2298 has completed and bring deeper fall to 61.8% retracement at 1.2732. Nevertheless, […]
30/11/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6514; (P) 1.6560; (R1) 1.6621; More… No change in EUR/AUD’s outlook and further fall is expected with 1.6662 resistance intact. Firm break of 1.6449 support will argue that the pattern from 1.6319 has completed at 1.6844 as a corrective move, and fall from 1.7062 is ready to resume through 1.6319. On the […]