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Daily Pivots: (S1) 1.3929; (P) 1.3983; (R1) 1.4010; More… Intraday bias in USD/CAD remains neutral for the moment. Consolidations from 1.4104 should be brief as long as 1.3958 resistance turned support holds. Above 1.4104 will resume larger up trend to 61.8% projection of 1.3418 to 1.3958 from 1.3841 at 1.4175. Nevertheless, break of 1.3958 will […]

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EUR/AUD Daily Outlook

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12/06/2024

EUR/AUD Mid-Day Outlook

Daily Pivots: (S1) 1.6217; (P) 1.6277; (R1) 1.6318; More… EUR/AUD’s break of 1.6211 support confirms resumption of decline from 1.6742, as the third leg of the correction from 1.7062. Intraday bias is now on the downside for 61.8% projection of 1.6679 to 1.6211 from 1.6418 at 1.6129 first. Firm break there will target 100% projection […]
26/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6538; (P) 1.6569; (R1) 1.6602; More… Range trading continues in EUR/AUD and intraday bias remains neutral at this point. Near term outlook will stay cautiously bullish as long as 1.6439 support holds. On the upside, above 1.6677 will target 1.6742 first. Decisive break there will resume whole rise from 1.6127 and target […]
10/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3046; (P) 1.3095; (R1) 1.3121; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. Further rise is expected with 1.3043 resistance turned support intact. On the upside, firm break of 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. However, firm break […]