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Daily Pivots: (S1) 0.8319; (P) 0.8329; (R1) 0.8335; More… Intraday bias in EUR/GBP is turned neutral with current recovery. On the upside, firm break of 0.8370 resistance will indicate short term bottoming at 0.8309. Intraday bias will be turned back to the upside for 0.8399/8463 resistance zone. On the downside, firm break of 0.8309 will […]

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03/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.50; (P) 162.20; (R1) 163.36; More…. EUR/JPY is staying in range below 163.86 and intraday bias remains neutral. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, however, firm break of 159.80 […]
13/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6287; (P) 1.6307; (R1) 1.6330; More… Intraday bias in EUR/AUD remains neutral for the moment. While stronger recovery might be seen, further decline is expected as long as 1.6494 resistance holds. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 will turn bias […]
17/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0666; (P) 1.0705; (R1) 1.0743; More…. Intraday bias in EUR/USD remains on downside for the moment. Fall from 1.0915 is seen as another leg in the larger corrective pattern. Deeper decline would be seen to 1.0601 low first. Firm break there will target channel support at 1.0510 next. On the upside, above […]