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Daily Pivots: (S1) 1.0506; (P) 1.0549; (R1) 1.0583; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen. But outlook will stay bearish as long as 1.0760 support turned resistance holds. On the downside, firm break of 1.0495 will resume the fall from 1.1213 to 1.0447 support and then 1.0404 key fibonacci […]

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20/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.36; (P) 169.63; (R1) 170.12; More… Intraday bias in EUR/JPY remains neutral for the moment. On the upside break of 170.12 resistance will argue that pull back from 170.87 has completed at167.52, after drawing support from 55 D EMA. Intraday bias will be back on the upside for 170.87 and then 171.58 […]
19/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3145; (P) 1.3221; (R1) 1.3290; More… GBP/USD’s breach of 1.3265 resistance suggests that larger rally is resuming. Intraday bias is mildly on the upside at this point, and further rise should be seen to 1.3364 projection level next. On the downside, however, break of 1.3145 support will turn bias to the downside […]
15/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6595; (P) 0.6612; (R1) 0.6643; More… AUD/USD’s breach of 0.6645 resistance suggests that rise from 0.6361 is resuming. Intraday bias is now on the upside for 61.8% projection of 0.6464 to 0.6645 from 0.6578 at 0.6690. Firm break there will target 100% projection at 0.6759. For now, further rally will remain in […]