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Daily Pivots: (S1) 0.8271; (P) 0.8291; (R1) 0.8300; More… Intraday bias in EUR/GBP stays on the downside for the moment. Fall from 0.8472 is in progress for retesting 0.8221 low. On the upside, above 0.8308 minor resistance will turn intraday bias neutral first. But risk will remain on the downside as long as 0.8376 resistance […]

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EUR/AUD Daily Outlook

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25/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6524; (P) 1.6572; (R1) 1.6643; More… Intraday bias in EUR/USD stays neutral as consolidation continues in range of 1.6439/6742. Near term outlook will stay cautiously bullish as long as 1.6439 support holds. On the upside, above 1.6677 will target 1.6742 first. Decisive break there will resume whole rise from 1.6127 and target […]
07/10/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0937; (P) 1.0989; (R1) 1.1026; More…. EUR/USD’s fall from 1.1213 is in progress and intraday bias stays on the downside for 38.2% retracement of 1.0447 to 1.1213 at 1.0920. Sustained break there will argue that fall from 1.1213 is the third leg of the corrective pattern from 1.1274. In this case, deeper […]
11/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0739; (P) 1.0760; (R1) 1.0787; More…. EUR/USD’s fall from 1.0915 is in progress and intraday bias stays on the downside. This decline is seen as another falling leg of the corrective pattern from 1.1274. Further decline should be seen to retest 1.0601 support next. On the upside, above 1.0772 minor resistance will […]