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Daily Pivots: (S1) 1.3422; (P) 1.3467; (R1) 1.3492; More… Intraday bias in GBP/USD remains neutral for the moment. Risk will stay mildly on the downside as long as 1.3631 resistance holds. Below 1.3381 will extend the corrective fall to 38.2% retracement of 1.2076 to 1.3631 at 1.3278. In the bigger picture, up trend from 1.3051 […]

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05/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6623; (P) 1.6652; (R1) 1.6708; More… EUR/AUD’s rally resumed by breaking through 1.6692 temporary top and intraday bias is back on the upside. Rise from 1.6127 should target 61.8% projection of 1.6127 to 1.6671 from 1.6450 at 1.6786. Firm break there will target 100% projection at 1.6994 next. For now, near term […]
19/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1080; (P) 1.1135; (R1) 1.1172; More…. Intraday bias in EUR/USD stays mildly on the upside at this point. Decisive break of 1.1200 will resume larger rally from 1.0665 to 1.1274 high next. On the downside, however, break of 1.1072 will turn bias back to the downside for 1.1001 support instead. In the […]
15/01/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9383; (P) 0.9399; (R1) 0.9422; More…. No change in EUR/CHF’s outlook as consolidation continues and intraday bias remains neutral. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and […]