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Daily Pivots: (S1) 0.8504; (P) 0.8518; (R1) 0.8527; More… EUR/GBP’s fall from 0.8737 resumed after brief consolidations and intraday bias is back on the downside. Sustained trading below 55 D EMA (now at 0.8457) will suggest that whole rise from 0.8221 has already complete and turn outlook bearish. Nevertheless, rebound from current level, followed by […]

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AUD/USD Daily Report

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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. […]
30/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8397; (P) 0.8429; (R1) 0.8446; More…. No change in EUR/GBP’s outlook as consolidation from 0.8382 is extending. Outlook continues to stay bearish with 0.8498 resistance intact. Firm break of 0.8382 will resume larger down trend next target will be 138.2% projection of 0.8764 to 0.8497 from 0.8463 at 0.8274. In the bigger […]
06/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 184.88; (P) 185.54; (R1) 186.01; More… GBP/JPY is still staying in range of 184.44/188.63 and intraday bias remains neutral first. As long as 184.44 support holds, further rally is expected. Decisive break of 188.63 will resume larger up trend. However, firm break of 184.44 will turn bias to the downside for deeper […]