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Daily Pivots: (S1) 1.2843; (P) 1.2895; (R1) 1.2928; More… Intraday bias in GBP/USD stays neutral for consolidation below 1.2945 temporary top. Downside of retreat should be contained by 1.2715 resistance turned support to bring another rally. On the upside, sustained break of 61.8% retracement of 1.3433 to 1.2099 at 1.2923 will pave the way back […]

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EUR/USD Daily Outlook

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13/02/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6455; (P) 1.6512; (R1) 1.6593; More… EUR/AUD’s strong rebound argues that price actions from 1.6800 could have completed as a three wave corrective pattern to 1.6391. Intraday bias is back on the upside for retesting 1.6800 first. Decisive break there will resume whole rally from 1.5963 to 61.8% projection of 1.5693 to […]
23/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3585; (P) 1.3602; (R1) 1.3632; More… Intraday bias in USD/CAD remains neutral with focus on 1.3588 structural support. Strong support could be seen there to bring reversal. On the upside, above 1.3640 minor resistance will turn intraday bias back to the upside for stronger rebound. However, decisive break of 1.3588 will argue […]
14/11/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2673; (P) 1.2721; (R1) 1.2757; More… GBP/USD’s fall from 1.3433 continues today and intraday bias stays on the downside. Next target is 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. On the upside, above 1.2768 minor resistance will turn intraday bias neutral first. But outlook will stay bearish as long […]