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Daily Pivots: (S1) 0.8330; (P) 0.8347; (R1) 0.8364; More… Range trading continues in EUR/GBP and intraday bias remains neutral at this point. Outlook stays bearish with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, down trend from 0.9267 (2022 high) […]

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EUR/USD Mid-Day Outlook

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21/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0846; (P) 1.0865; (R1) 1.0877; More… EUR/USD is still bounded in consolidations below 1.0894 and intraday bias stays neutral. Further rally is expected as long as 1.0810 resistance turned support holds. Break of 1.0894 will resume the rise to 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has […]
09/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6631; (P) 0.6699; (R1) 0.6738; More… Intraday bias in AUD/USD remains mildly on the downside at this point. Fall from 0.6823 short term top would target 38.2% retracement of 0.6348 to 0.6823 at 0.6642. Break will target 61.8% retracement at 0.6529. On the upside, though, above 0.6766 resistance will bring retest of […]
31/10/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8646; (P) 0.8672; (R1) 0.8700; More… USD/CHF is staying in consolidation below 0.8699 temporary top and intraday bias remains neutral. Further rally remains in favor as long as 55 D EMA (now at 0.8609) holds. On the upside, decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that […]