EUR/USD Daily Outlook

Daily Pivots: (S1) 1.2567; (P) 1.2663; (R1) 1.2716; More… Intraday bias in GBP/USD stays neutral for the moment, as 1.2611 support remains intact. On break of 1.2826 will resume whole rally from 1.2036. However, break of 1.2611 will indicate short term topping, and turn bias back to the downside for 1.2499 support. In the bigger […]

Daily Pivots: (S1) 0.8625; (P) 0.8641; (R1) 0.8672; More… Intraday bias in USD/CHF remains on the upside as rise from 0.8374 is in progress. Sustained break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should then be seen to 61.8% […]

Daily Pivots: (S1) 0.6603; (P) 0.6619; (R1) 0.6638; More… Intraday bias in AUD/USD remains neutral and outlook is unchanged. Another rise will be mildly in favor as long as 55 4H EMA (now at 0.6586) holds. Above 0.6666 will resume the rebound from 0.6442 to 61.8% retracement of 0.6877 to 0.6442 at 0.6707 next. Sustained […]