Author: Omada Admin

  • EUR/GBP Daily Outlook

    Daily Pivots: (S1) 0.8323; (P) 0.8349; (R1) 0.8369; More… Intraday bias in EUR/GBP stays mildly on the downside for the moment. Rise from 0.8239 might have completed at 0.8448 already. Deeper fall would be seen back to 0.8239 support. On the upside, above 0.8384 minor resistance will turn bias back to the upside for 0.8448.…

  • EUR/CHF Daily Outlook

    Daily Pivots: (S1) 0.9487; (P) 0.9516; (R1) 0.9532; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Strong support is expected fro 0.9489 to complete the correction from 0.9660. On the upside, above 0.9581 minor resistance will bring retest of 0.9660 first. However, sustained break of 0.9489 will dampen this view, and bring…

  • EUR/USD Daily Outlook

    Daily Pivots: (S1) 1.0729; (P) 1.0767; (R1) 1.0789; More… Outlook in EUR/USD is unchanged that strong support is expected from 38.2% retracement of 1.0358 to 1.0953 at 1.0726 to completion the correction from 1.0953. On the upside, break of 1.0857 will bring retest of 1.0953 first. Firm break there will resume larger rise from 1.0176.…

  • GBP/USD Daily Outlook

    Daily Pivots: (S1) 1.2858; (P) 1.2905; (R1) 1.2935; More… GBP/USD recovered again after brief dip to 1.2869 and intraday bias stays neutral. Correct fall from 1.3013 short term top could extend lower to near term channel support (now at 1.2792). . But downside should be contained by 38.2% retracement of 1.2248 to 1.3013 at 1.2721…

  • USD/CHF Daily Outlook

    Daily Pivots: (S1) 0.8818; (P) 0.8834; (R1) 0.8855; More… Intraday bias in USD/CHF remains neutral for the moment. Consolidation from 0.8757 could extend further. In case of stronger recovery, upside should be limited by 0.8911 support turned resistance. On the downside, break of 0.8757 will resume the fall from 0.9200 to 61.8% retracement of 0.8374…

  • USD/JPY Daily Outlook

    Daily Pivots: (S1) 149.33; (P) 150.14; (R1) 150.72; More… Outlook in USD/JPY remains unchanged. Strong resistance is still expected from 150.92 to complete the corrective recovery from 146.52. On the downside break of 148.17 support will bring retest of 146.52 first. Sustained trading below 61.8% retracement of 139.57 to 158.86 at 146.32 will resume the…

  • AUD/USD Daily Report

    Daily Pivots: (S1) 0.6274; (P) 0.6302; (R1) 0.6327; More… AUD/USD is extending the consolidation pattern from 0.6087 and i9ntraday bias stays neutral. On the downside, firm break of near term trend line support (now at 0.6266) will argue that the pattern has already completed. Intraday bias will be back on the downside for 0.6186 support.…

  • USD/CAD Daily Outlook

    Daily Pivots: (S1) 1.4237; (P) 1.4268; (R1) 1.4300; More… Intraday bias in USD/CAD is mildly on the downside at this point. Break of 1.4238 support will argue that corrective pattern from 1.4791 has already started the third leg. Deeper decline should be seen to 1.4150 support next. On the upside, above 1.4400 resistance will turn…

  • Auto Tariff Hits Wall Street, But Currencies Shrug Off the Drip Feed

    Auto Tariff Hits Wall Street, But Currencies Shrug Off the Drip Feed

    The steady drip of tariff news from US President Donald Trump continued overnight, pushing US equities lower and weighing on risk sentiment globally. The tech-heavy NASDAQ led the decline with a drop of over 2%, while broader US indexes also closed in the red. In Asia, Japan’s Nikkei and South Korea’s Kospi followed with notable…

  • Elliott Wave View: EURUSD Correcting in Zigzag Structure

    Short Term Elliott Wave view in EURUSD suggests rally from 2.3.2025 low is in progress as a 5 waves impulse. Up from there, wave 1 ended at 1.0528 and pullback in wave 2 ended at 1.036. Wave 3 higher ended at 1.0955 as the 1 hour chart below shows. Pullback in wave 4 is now…