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Daily Pivots: (S1) 0.6474; (P) 0.6500; (R1) 0.6529; More… Intraday bias in AUD/USD remains neutral as consolidation from 0.6440 is extending. Further decline is expected 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 the fall from 0.6941 to 100% […]

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EUR/USD Daily Outlook

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27/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1138; (P) 1.1164; (R1) 1.1201; More…. Intraday bias in EUR/USD remains neutral for the moment. Further rally is expected as long as 1.1001 support holds. Above 1.1213 will bring retest of 1.1274 high. Firm break there will resume larger up trend. Next near term target will be 100% projection of 1.0776 to […]
24/08/2024

EUR/USD Weekly Outlook

EUR/USD’s rally continued last week and the strong break of 1.1138 resistance argues that larger up trend may be resuming. Initial bias is on the upside this week for t 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232, and then 1.1274 high. On the downside, below 1.1097 minor support will turn intraday bias […]
05/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6499; (P) 0.6517; (R1) 0.6528; More… Intraday bias in AUD/USD stays neutral for the moment, and further decline is expected with 0.6594 resistance intact. On the downside, below 0.6486 will target a retest on 0.6442 first. Firm break there will resume whole decline from 0.6870 for 61.8% projection of 0.6870 to 0.6442 […]