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Daily Pivots: (S1) 0.8785; (P) 0.8799; (R1) 0.8809; More… Intraday bias in EUR/GBP remains neutral and more consolidations could be seen below 0.8817. Further rally is expected as long as 0.8750 resistance turned above holds. Above 0.8817 will target 0.8867 fibonacci level. Firm break there will carry larger bullish implications. Nevertheless, sustained break of 0.8750 […]

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EUR/AUD Daily Outlook

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10/10/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0920; (P) 1.0956; (R1) 1.0975; More…. Intraday bias in EUR/USD stays on the downside for the moment. Sustained break of 38.2% retracement of 1.0447 to 1.1213 at 1.0920 will argue that fall from 1.1213 is the third leg of the corrective pattern from 1.1274. In this case, deeper decline would be seen […]
19/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6406; (P) 0.6432; (R1) 0.6446; More… Intraday bias in AUD/USD is back on the downside a recent decline resumes through 0.6388 temporary low. Sustained break of 61.8% projection of 0.6870 to 0.6442 from 0.6643 at 0.6378 will extend the fall from 0.6870 to 100% projection at 0.6215. On the upside, break of […]
04/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2645; (P) 1.2680; (R1) 1.2747; More… Intraday bias in GBP/USD remains neutral and consolidation from 1.2731 could extend further. But further rally is expected as long as 1.2590 minor support holds. On the upside, decisive break of 1.2731 will resume the rally from 1.2036 for retesting 1.3141 high next. In the bigger […]