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Daily Pivots: (S1) 1.1429; (P) 1.1465; (R1) 1.1524; More… EUR/USD’s rally from 1.0176 resumed by accelerating through 1.1572 resistance. Intraday bias stays on the upside at this point. Next target is 61.8% projection of 1.0176 to 1.1572 from 1.1064 at 1.1927. On the downside, below 1.1504 minor support will turn intraday bias neutral and bring […]

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EUR/AUD Mid-Day Outlook

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05/04/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0821; (P) 1.0849; (R1) 1.0866; More… Intraday bias in EUR/USD is back on the downside with break of 55 4H EMA (now at 1.0814). Deeper fall would be seen to retest 1.0694/0723 support zone On the upside, break of 1.0875 will resume the rebound from 1.0723 towards 1.0980 resistance instead. In the […]
02/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1028; (P) 1.1086; (R1) 1.1127; More…. Intraday bias in EUR/USD remains neutral first and more consolidations would be seen below 1.1213 short term top. Nevertheless, further rally is still expected 1.1001 cluster support holds (38.2% retracement of 1.0665 to 1.1213 at 1.1004). Break of 1.1213 will target 1.1274 high. However, decisive break […]
21/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3487; (P) 1.3509; (R1) 1.3544; More… Intraday bias in USD/CAD remains neutral for the moment, as range trading continues. More consolidations could be seen, but further rally is expected as long as 1.3357 support holds. On the upside, firm break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. In […]