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Daily Pivots: (S1) 1.0355; (P) 1.0381; (R1) 1.0410; More… EUR/USD dips mildly but stays well inside range of 1.0176/0531. Intraday bias remains neutral and more consolidations could be seen. Strong resistance is expected from 1.0531 to limit upside. On the downside, break of 1.0176 will resume whole fall from 1.1213. However, sustained break of 1.0531 […]

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EUR/JPY Weekly Outlook

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12/12/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2715; (P) 1.2749; (R1) 1.2784; More… No change in GBP/USD’s outlook as consolidations continue below 1.2810 temporary top. Rebound from 1.2486 short term bottom could still extend higher. But outlook will stay bearish as long as 55 D EMA (now at 1.2834) holds. On the downside, below 1.2615 minor support will bring […]
19/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0626; (P) 1.0658; (R1) 1.0675; More… Range trading continues in EUR/USD and intraday bias remains neutral. While stronger recovery cannot be ruled out, upside should be limited by 1.0723 support turned resistance. On the downside, break of 1.0601 will resume the decline from 1.1138 to 100% projection of 1.1138 to 1.0694 from […]
17/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6463; (P) 1.6505; (R1) 1.6530; More… Intraday bias in EUR/AUD stays neutral and outlook is unchanged. For now, the favored case remains that corrective fall from 1.7180 has completed at 1.6256 already. On the upside, above 1.6629 will resume the rebound for retesting 1.7180 high. However, firm break of 1.6457 minor support […]