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Daily Pivots: (S1) 1.1751; (P) 1.1777; (R1) 1.1829; More… Intraday bias in EUR/USD remains neutral at this point. On the downside, break of 1.1724 will resume the fall from 1.1917 to 55 D EMA (now at 1.1663). Considering bearish divergence condition in D EMA, sustained break of 55 D EMA will argue that 1.1917 is […]

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EUR/USD Daily Outlook

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13/01/2024

EUR/JPY Weekly Outlook

EUR/JPY roses further to 160.17 last week but retreated ahead of 100% projection of 153.15 to 158.55 from 155.06 at 160.46. Initial bias remains neutral this week first. Further rise is mildly in favor as long as 157.19 minor support holds. Firm break of 160.46 will pave the way to 161.8% projection at 163.79. However, […]
28/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6518; (P) 0.6529; (R1) 0.6545; More…. Intraday bias in AUD/USD remains neutral and outlook is unchanged. Risk will remain on the downside as long as 0.6633 resistance holds. Firm break of 0.6503 support will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside for 0.6442 […]
05/02/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6559; (P) 1.6616; (R1) 1.6649; More… Intraday bias in EUR/AUD remains neutral as consolidations continue below 1.6800. Strong support is expected from 38.2% retracement of 1.5963 to 1.6800 at 1.6480 to contain downside. On the upside, firm break of 1.6800 will resume the rally from 1.5963. However, sustained break of 1.6480 will […]