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Daily Pivots: (S1) 0.8312; (P) 0.8334; (R1) 0.8349; More… Intraday bias in EUR/GBP remains neutral for the moment. Near term outlook is mixed for now. On the upside, above 0.8376 minor resistance will bring stronger rally towards 0.8472. However, on the downside, break of 0.8290 will resume the fall from 08472 to retest 0.8221 low. […]

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06/01/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6529; (P) 1.6562; (R1) 1.6614; More… Intraday bias in EUR/AUD remains neutral for the moment. Strong support could be seen from 38.2% retracement of 1.5963 to 1.6800 at 1.6480 to bring rebound. But near term risk will stay mildly on the downside as long as 1.6800 resistance holds, in case of extended […]
02/10/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3218; (P) 1.3304; (R1) 1.3370; More… Outlook in GBP/USD remains unchanged and intraday bias stays neutral at this point. Another rally is still in favor as long as 1.3265 resistance turned support holds. Above 1.3433 will resume the rise from 1.2298. However, firm break of 1.3265 will confirm short term topping, and […]
27/02/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6525; (P) 0.6546; (R1) 0.6561; More… Intraday bias in AUD/USD stays neutral at this point. While recovery from 0.6442 could extend higher, outlook will remain bearish as long as 0.6621 resistance holds. On the downside, below 0.6520 minor support will turn bias to the downside for retesting 0.6442. Nevertheless, considering bullish convergence […]