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Daily Pivots: (S1) 0.9208; (P) 0.9234; (R1) 0.9252; More… EUR/CHF’s decline is in progress and intraday bias stays on the downside for 61.8% projection of 0.9660 to 0.9218 from 0.9452 at 0.9179. Firm break there will target 100% projection at 0.9010. On the upside, above 0.9257 minor resistance will turn intraday bias neutral and bring […]

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EUR/USD Daily Outlook

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15/11/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2623; (P) 1.2674; (R1) 1.2719; More… No change in GBP/USD’s outlook and intraday bias stays on the downside. CUrrent fall from 1.3433 should target 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. On the upside, above 1.2768 minor resistance will turn intraday bias neutral first. But outlook will stay bearish […]
28/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1160; (P) 1.1175; (R1) 1.1200; More…. EUR/USD’s retreat from 1.1200 extends lower today, but stays well above 1.1007 resistance turned support. Intraday bias remains neutral first and further rally is still in favor. On the upside, break of 1.1200 will resume recent rally to 161.8% projection of 1.0665 to 1.0947 from 1.0776 […]
10/11/2024

EUR/AUD Weekly Outlook

EUR/AUD’s steep decline last week suggests that rebound from 1.6002 has completed with three waves up to 1.6598. But as a temporary low was then formed at 1.6161, initial bias is neutral this week first. On the downside, below 1.6161 will target a test on 1.5996/6002 key support zone. For now, risk will stay mildly […]