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Daily Pivots: (S1) 0.8492; (P) 0.8577; (R1) 0.8622; More… EUR/GBP retreated sharply after hitting 161.8% projection of 0.8239 to 0.8448 from 0.8314 at 0.8652. Intraday bias is turned neutral again first. Some consolidations would be seen first. But outlook will stay bullish as long as 0.8472 resistance turned support holds. Sustained trading above 0.8624 key […]

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EUR/AUD Daily Outlook

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12/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6555; (P) 1.6589; (R1) 1.6642; More… Intraday bias in EUR/AUD remains neutral for the moment. Outlook is staying bullish with 1.6474 support intact. On the upside, above 1.6798 minor resistance will bring retest of 1.7180 resistance first. Firm break there will resume larger up trend to 1.7715 fibonacci projection level next. In […]
23/01/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8435; (P) 0.8449; (R1) 0.8467; More… Intraday bias in EUR/GBP stays neutral for consolidations below 0.8472 temporary top. Outlook will stay bullish as long as 0.8403 support holds. Break of 0.8472 temporary top will resume the rally from 0.8221 to 0.8624 key cluster resistance zone next. In the bigger picture, a medium […]
14/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9057; (P) 0.9072; (R1) 0.9099; More…. Intraday bias in USD/CHF stays neutral and further decline is in favor as long as 55 4H EMA (now at 0.9083) holds. On the downside, break of 0.9005 and sustained trading below 55 D EMA (now at 0.9010) will bring deeper fall to 38.2% retracement of […]