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Daily Pivots: (S1) 0.6506; (P) 0.6534; (R1) 0.6559; More… Intraday bias in AUD/USD remains neutral for the moment, and some more consolidations would be seen below 0.6563 temporary top. Near term outlook will stay bullish as long as 0.6372 support holds. On the upside, above 0.6563 will resume the rally from 0.51913 to 0.6713 fibonacci […]

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EUR/USD Daily Outlook

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02/05/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.7606; (P) 1.7680; (R1) 1.7760; More… Outlook in EUR/AUD is unchanged and intraday bias stays neutral. Corrective pattern from 1.8554 could extend, but downside should be contained by 38.2% retracement of 1.5963 to 1.8854 at 1.7750. On the upside, above 1.8014 minor resistance will bring retest of 1.8554 first. Firm break there […]
04/05/2024

GBP/USD Weekly Outlook

GBP/USD’s rebound from 1.2298 resumed by breaking through 1.2568 last week. The strong break of 55 D EMA suggest that fall from 1.2892 has completed with three waves down to 1.2298. Initial bias stays on the upside this week. Break of 61.8% projection of 1.2298 to 1.2568 from 1.2471 will target 100% projection at 1.2741. […]
08/04/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0841; (P) 1.0945; (R1) 1.1011; More… No change in EUR/USD’s outlook as consolidations continue below 1.1145. Intraday bias stays neutral for now. Downside of retreat should be contained by 38.2% retracement of 1.0176 to 1.1145 at 1.0775 to bring rebound. On the upside, above 1.1145 will resume the rally from 1.0176 to […]