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Daily Pivots: (S1) 0.6351; (P) 0.6378; (R1) 0.6428; More… Immediate focus is now on 38.2% retracement of 0.6941 to 0.6087 at 0.6413 as rebound from 0.6087 resumed through 0.6373. Strong resistance is expected from 0.6413 to complete the corrective rise. Break of 0.6327 minor support will turn bias back to the downside for retesting 0.6087 […]

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10/02/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0289; (P) 1.0345; (R1) 1.0383; More… Intraday bias in EUR/USD remains neutral and consolidation from 1.0176 could extend. But outlook stays bearish as long as 38.2% retracement of 1.1213 to 1.0176 at 1.0572 holds. On the downside, break of 1.0176 will resume whole fall from 1.1213. However, decisive break of 1.0572 will […]
19/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0900; (P) 1.0916; (R1) 1.0939; More… EUR/USD is staying below 1.1008/16 resistance zone despite today’s rebound. Intraday bias remains neutral for the moment. Further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to retest 1.1274 high. In the […]
13/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0760; (P) 1.0794; (R1) 1.0829; More… Intraday bias in EUR/USD stays neutral and further decline is mildly in favor as long as 1.0827 minor resistance holds. Break of 1.0722, and sustained trading below 55 D EMA (now at 1.0770) will extend the fall from 1.1016 short term top to retest 1.0447 support. […]