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Daily Pivots: (S1) 1.0689; (P) 1.0710; (R1) 1.0745; More… Range trading continues in EUR/USD and intraday bias stays neutral. On the upside, break of 1.0752 will resume the rebound from 1.0601. Sustained trading above 55 D EMA (now at 1.0769) will argue that fall from 1.0980 has completed. On the downside, though, break of 1.0648 […]

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EUR/AUD Daily Outlook

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24/10/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2887; (P) 1.2941; (R1) 1.2974; More… GBP/USD’s fall from 1.3433 continues today and intraday bias stays on the downside. Deeper decline would be seen to 61.8% retracement of 1.2298 to 1.3433 at 1.2732. On the upside, above 1.3070 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another […]
25/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8813; (P) 0.8868; (R1) 0.8907; More… Intraday bias in USD/CHF remains on the downside for the moment. Fall from 0.9223 is in progress for 61.8% retracement of 0.8332 to 0.9223 at 0.8672. For now, risk will stay on the downside as long as 0.8923 resistance holds, in case of recovery. In the […]
11/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.09; (P) 152.66; (R1) 153.73; More… No change in USD/JPY’s outlook and intraday bias remains on the upside. Sustained break of 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03 will target 155.20 projection level next. On the downside, below 151.95 support will turn intraday bias neutral again. But outlook will […]