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Daily Pivots: (S1) 1.1503; (P) 1.1522; (R1) 1.1539; More… EUR/USD’s fall from 1.1917 is in progress. Intraday bias stays on the downside for 100% projection of 1.1917 to 1.1540 from 1.1727 at 1.1350. Decisive break there would prompt downside acceleration to 38.2% retracement of 1.0176 to 1.1917 at 1.1252. On the upside, above 1.1540 minor […]

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07/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 189.82; (P) 190.26; (R1) 190.67; More….. Intraday bias in GBP/JPY is back on the downside with break of 189.02 support. Price actions from 191.29 are seen as a correction to rise from 178.32 for now. Deeper fall would be seen to 38.2% retracement of 178.32 to 191.29 at 186.33. Sustained break there […]
22/02/2025

EUR/AUD Weekly Outlook

EUR/AUD’s decline last week suggests that corrective pattern from 1.6800 is still extending. With a temporary low formed at 1.6355, initial bias is neutral this week first. On the downside, below 1.6355 will target 61.8% retracement of 1.5963 to 1.6800 at 1.6283. On the upside, firm break of 1.6631 resistance will suggest that the correction […]
15/04/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.7860; (P) 1.7987; (R1) 1.8066; More… EUR/AUD’s consolidation from 1.8554 short term to is still in progress and intraday bias stays neutral. In case of another dip, downside should be contained by 38.2% retracement of 1.5963 to 1.8854 at 1.7750. On the upside, firm break of 1.8554 will resume larger up trend. […]