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Daily Pivots: (S1) 0.6392; (P) 0.6454; (R1) 0.6486; More… Intraday bias in AUD/USD is turned neutral with current retreat. On the upside, above 0.6511 will resume the rise from 0.5913 to 61.8% retracement of 0.6941 to 0.5913 at 0.6548. However, considering bearish divergence condition in 4H MACD, break of 0.6364 support should confirm short term […]

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03/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1050; (P) 1.1064; (R1) 1.1086; More…. No change in EUR/USD’s outlook. While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1104 minor resistance will bring retest of 1.1200 first. Break there will target 1.1274 high next. In […]
23/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8367; (P) 0.8390; (R1) 0.8403; More… Intraday bias in EUR/GBP remains on the downside for the moment. Current down trend should target 61.8% projection of 0.8624 to 0.8399 from 0.8463 at 0.8324. On the upside, above 0.8409 minor resistance will turn intraday bias neutral and bring consolidations. But outlook will stay bearish […]
10/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6727; (P) 0.6738; (R1) 0.6751; More… Intraday bias in AUD/USD remains neutral for consolidations below 0.6760 temporary top. Outlook will stay bullish as long as 0.6619 support holds. On the upside, break of 0.6760 will resume the whole rally from 0.6361. Next target is 61.8% projection of 0.6361 to 0.6713 from 0.6619 […]