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EUR/AUD’s rally from 1.5693 resumed last week and accelerated to as high as 1.7268. There is no clear sign of topping yet and initial bias stays on the upside this week. Sustained trading above of 100% projection of 1.5963 to 1.6800 from 1.6355 at 1.7192 will target 161.8% projection at 1.7709 next. On the downside, […]

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EUR/USD Mid-Day Outlook

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AUD/USD Weekly Report

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31/01/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0363; (P) 1.0415; (R1) 1.0445; More… Intraday bias in EUR/USD remains neutral for the moment. On the downside, break of 1.0371 support will indicate rejection by 38.2% retracement of 1.1213 to 1.0176 at 1.0572 and retain near term bearishness. Retest of 1.0176 low should be seen next. On the upside, though, decisive […]
17/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0850; (P) 1.0872; (R1) 1.0890; More… EUR/USD is staying in consolidation below 1.0894 and intraday bias stays neutral at this point. Further rally is expected as long as 1.0765 support holds. Break of 1.0894 will resume the rise from 1.0601 to 1.0980 resistance. Decisive break there will confirm that whole fall from […]
04/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2615; (P) 1.2640; (R1) 1.2679; More… Intraday bias in GBP/USD stays neutral for the moment. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue that whole rise from […]