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Daily Pivots: (S1) 1.7823; (P) 1.7879; (R1) 1.7911; More… Intraday bias in EUR/AUD stays neutral at this point. On the downside, sustained break of 38.2% retracement of 1.7245 to 1.8155 at 1.7807 should confirm that whole rise from 1.7245 has completed. Corrective pattern from 1.8554 should then be in its third leg. Further decline should […]

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18/03/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.89; (P) 148.45; (R1) 149.20; More… Intraday bias in USD/JPY stays neutral at this point. While recovery from 146.52 might extend further, upside should be limited by 150.92 support turned resistance. On the downside, below 148.22 minor support will bring retest of 146.52 low first. Sustained trading below 61.8% retracement of 139.57 […]
20/02/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0395; (P) 1.0428; (R1) 1.0455; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.0176 is still extending. Stronger rebound might be seen but outlook will remain bearish as long as 38.2% retracement of 1.1213 to 1.0176 at 1.0572 holds. On the downside, break of 1.0176 will resume whole fall from […]
10/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8586; (P) 0.8597; (R1) 0.8612; More… Intraday bias in EUR/GBP is turned neutral with current recovery, but further decline is in favor with 0.8638 minor resistance intact. On the downside, break of 0.8585 will resume the fall from 0.8713 to 0.8548 support first. Break there will target 0.8491 low next. However, break […]