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Daily Pivots: (S1) 1.2605; (P) 1.2704; (R1) 1.2757; More… Intraday bias in GBP/USD remains on the downside for 1.2517 support Decisive break there will suggest that rise from 1.2036 has completed at 1.2892 already, and turn near term outlook bearish On the upside, above 1.2674 minor resistance will turn intraday bias neutral first. In the […]

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EUR/USD Mid-Day Outlook

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11/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6602; (P) 0.6635; (R1) 0.6657; More… Intraday bias in AUD/USD is turned neutral first with current retreat. Another rise will be mildly in favor as long as 55 4H EMA (now at 0.6561) holds. Above 0.6666 will resume the rebound from 0.6442 to 61.8% retracement of 0.6877 to 0.6442 at 0.6707 next. […]
10/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 174.06; (P) 174.33; (R1) 174.70; More… Intraday bias in EUR/JPY is back on the upside as recent up trend is trying to resistance. Sustained trading above 174.50 will target 138.2% projection of 164.01 to 170.87 from 167.52 at 177.00. On the downside, however, break of 173.50 minor support will turn bias to […]
12/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2713; (P) 1.2732; (R1) 1.2759; More… GBP/USD’s strong rally and firm break of 1.2816 support confirms resumption of rise from 1.2298. Intraday bias is back on the upside for 1.2892 resistance. Decisive break there will strengthen the case that correction from 1.3141 has completed, and bring further rally to retest this high. […]