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Daily Pivots: (S1) 0.8303; (P) 0.8320; (R1) 0.8335; More… EUR/GBP’s break of 0.8353 resistance argues that fall from 0.8472 has completed at 0.8290. Intraday bias is back on the upside for 0.8472 resistance. Firm break there will resume the rebound from 0.8221. On the downside, break of 0.8290 will target a retest on 0.8221 low. […]

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EUR/USD Daily Outlook

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15/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 184.33; (P) 184.99; (R1) 185.51; More… Intraday bias in GBP/JPY stays neutral and further rally is in favor as long as 182.73 minor support holds. Corrective pull back from 188.63 should have completed. Above 186.14 will resume the rebound from 178.32 to retest 188.63. In the bigger picture, price actions from 188.63 […]
23/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6470; (P) 1.6504; (R1) 1.6541; More… Intraday bias in EUR/AUD remains neutral at this point. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for confirmation. Nevertheless, below […]
04/02/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6536; (P) 1.6664; (R1) 1.6738; More… EUR/AUD’s consolidation from 1.6800 is extending with another falling leg and intraday bias remains neutral. Strong support is expected from 38.2% retracement of 1.5963 to 1.6800 at 1.6480 to contain downside. On the upside, firm break of 1.6800 will resume the rally from 1.5963. However, sustained […]