Daily Pivots: (S1) 0.8316; (P) 0.8339; (R1) 0.8352; More… EUR/GBP rebounds strongly today, but stays well inside 0.8309/8433 range. Intraday bias remains neutral for the moment, and further decline is still in favor. On the downside, firm break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% […]
May 04, 2024
EUR/AUD Weekly Outlook
EUR/AUD’s fall from 1.6742 continued last week despite interim strong rebound. Initial bias stays on the downside this week. This decline is seen as the third leg of the corrective pattern from 1.7062. Further fall should be seen to expected to 1.6127 support, or further to 100% projection of 1.7062 to 1.6127 from 1.6742 at […]
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