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Daily Pivots: (S1) 1.1655; (P) 1.1682; (R1) 1.1713; More… Range trading continues in EUR/USD and intraday bias remains neutral. Overall outlook is unchanged that corrective fall from 1.1829 should have completed with three waves down to 1.1390. On the upside, above 1.1741 will bring retest of 1.1829 high first. Firm break there will resume larger […]

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14/04/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2987; (P) 1.3067; (R1) 1.3168; More… No change in GBP/USD’s outlook and intraday bias stays on the upside. Firm break of 1.3206 resistance will will resume the rally from 1.2099 to retest 1.3433 high. On the downside, below 1.3029 minor support will turn intraday bias neutral again first. But overall near term […]
02/04/2025

AUD/USD Daily Report

Daily Pivots: (S1) 0.6246; (P) 0.6264; (R1) 0.6297; More… Intraday bias in AUD/USD is turned neutral again with current strong recovery. ON the downside, break of 0.6218 will target 0.6186 support first. Firm break there will indicate that corrective pattern from 0.6087 has completed and larger fall from 0.6941 is ready to resume. However, break […]
19/11/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6467; (P) 0.6489; (R1) 0.6530; More… Intraday bias in AUD/USD stays neutral and some more consolidations would be seen above 0.6440 temporary low. But outlook will stay bearish as long as 0.6687 resistance holds. On the downside, decisive break of 61.8% projection of 0.6941 to 0.6511 from 0.6687 at 0.6421 will resume […]