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Daily Pivots: (S1) 0.9397; (P) 0.9455; (R1) 0.9510; More…. EURCHF reversed ahead of 0.9516 resistance but recovered well ahead of 0.9359 support. Intraday bias remains neutral first. On the downside, break of 0.9359 will argue that recent rebound from 0.9204 has already completed and bring deeper fall. However, sustained break of 0.9516 will carry larger […]

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EUR/AUD Daily Outlook

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09/04/2024

AUD/USD Mid-Day Report

Daily Pivots: (S1) 0.6573; (P) 0.6592; (R1) 0.6623; More… AUD/USD’s rise from 0.6480 resumed by breaking through 0.6618 resistance and intraday bias is back on the upside. Current development affirms that case pattern from 0.6442 is now in is third leg. Further rise would be seen to 0.6666 and then 100% projection of 0.6442 to […]
29/11/2023

EUR/GBP Mid-Day Outlook

Daily Pivots: (S1) 0.8659; (P) 0.8674; (R1) 0.8689; More…. Intraday bias in EUR/GBP remains on the downside for 0.8648 support. Decisive break there will argue that whole rise from 0.8491 has completed and turn near term outlook bearish. Nevertheless, break of 0.8706 minor resistance will retain near term bullishness and bring retest of 0.8764 instead. […]
18/11/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2580; (P) 1.2638; (R1) 1.2680; More… Intraday bias in GBP/USD remains on the downside for the moment. Fall from 1.3433 is in progress for 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. On the upside, above 1.2719 minor resistance will turn intraday bias neutral first. But outlook will stay bearish […]