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Daily Pivots: (S1) 1.7138; (P) 1.7217; (R1) 1.7320; More… EUR/AUD’s strong rebound and break of 0.7364 revives the case that consolidation from 1.7417 has already completed at 1.7047. Intraday bias is back on the upside. Firm break of 1.7417 will resume larger up trend, and target 61.8% projection of 1.6355 to 1.7417 from 1.7047 at […]

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25/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6090; (P) 1.6125; (R1) 1.6161; More… Intraday bias in EUR/AUD stays neutral at this point. Consolidation from 1.6026 could extend further, but upside should be limited by 1.6211 support turned resistance to bring another fall. Below 1.6026 will turn bias back to the downside for 100% projection of 1.6679 to 1.6211 from […]
28/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.59; (P) 191.07; (R1) 191.62; More….. Intraday bias in GBP/JPY remains neutral as consolidation continues below 193.51. Outlook will stay bullish as long as 187.94 support holds. On the upside, break of 193.51 will resume larger up trend to 61.8% projection of 178.32 to 191.29 from 187.94 at 195.95, which is close […]
13/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9572; (P) 0.9585; (R1) 0.9598; More… EUR/CHF is still extending the consolidation from 0.9630 and intraday bias stays neutral. As long as 0.9510 support holds, further rally is still expected. On the upside, break of 0.9630 will resume the rise from 0.9252 and target 161.8% projection of 0.9252 to 0.9471 from 0.9304 […]