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Daily Pivots: (S1) 0.8268; (P) 0.8287; (R1) 0.8323; More… Current upside acceleration affirms the case that corrective fall from 0.8472 has completed at 0.8239 already. Intraday bias in EUR/GBP remains on the upside for 61.8% retracement of 0.8472 to 0.8239 at 0.8383. Sustained break there will target 0.8472 resistance next. On the downside, below 0.8321 […]

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09/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0886; (P) 1.0915; (R1) 1.0949; More….. Intraday bias in EUR/USD remains neutral at this point. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, above 1.0944 minor resistance will bring retest of 1.1007 first. Further break there will resume recent rally from 1.0665 […]
16/11/2024

EUR/GBP Weekly Outlook

EUR/GBP edged lower to 0.8259 last week but recovered since then. Initial bias remains neutral this week and outlook stay bearish as long as 0.8446 resistance holds. On the downside, below 0.8306 minor support will turn bias back to the downside for 0.8259 first, and then 0.8201 key support. Nevertheless, firm break of 0.8446 will […]
30/11/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6514; (P) 1.6560; (R1) 1.6621; More… No change in EUR/AUD’s outlook and further fall is expected with 1.6662 resistance intact. Firm break of 1.6449 support will argue that the pattern from 1.6319 has completed at 1.6844 as a corrective move, and fall from 1.7062 is ready to resume through 1.6319. On the […]