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Daily Pivots: (S1) 1.0830; (P) 1.0886; (R1) 1.0917; More… Intraday bias in EUR/USD remains on the downside at this point. Current development argues that corrective recovery from 1.0694 has completed at 1.0980 already. Deeper fall is expected to retest 1.0694 next. For now, risk will stay on the downside as long as 1.0941 resistance holds, […]

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GBP/USD Mid-Day Outlook

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EUR/USD Weekly Outlook

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23/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6590; (P) 0.6637; (R1) 0.6667; More… Intraday bias in AUD/USD remains neutral first and more consolidations could be seen below 0.6713. Further rally is expected as long as 0.6578 support holds. As noted before, fall from 0.6870 has probably completed with three waves down to 0.6361 already. Above 0.6713 will target 0.6870 […]
02/10/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3218; (P) 1.3304; (R1) 1.3370; More… Intraday bias in GBP/USD remains neutral for the moment. Another rally is still in favor as long as 1.3265 resistance turned support holds. Above 1.3433 will resume the rise from 1.2298. However, firm break of 1.3265 will confirm short term topping, and turn bias back to […]
09/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8367; (P) 0.8386; (R1) 0.8398; More… Intraday bias in EUR/GBP remains neutral and outlook stays bearish for now. On the downside, break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to 0.8309 at 0.8429 will pave the way to 61.8% […]