EUR/GBP’s rally from 0.8354 continued last week and breached 0.8737 resistance before closing strongly. Initial bias stays on the upside this week. Sustained trading above 0.8737 will resume the whole rise from 0.8221. Next target is 0.8867 fibonacci level. For now, outlook will stay bullish as long as 0.8645 support holds, in case of retreat. […]
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Daily Pivots: (S1) 0.8652; (P) 0.8664; (R1) 0.8673; More… Intraday bias in EUR/GBP remains neutral at this point, and more consolidations could be seen. Further fall is expected with 0.8685 support turned resistance intact. On Read more…
Daily Pivots: (S1) 1.6275; (P) 1.6341; (R1) 1.6380; More… Intraday bias in EUR/AUD is back on the downside with break of 1.6340 temporary low. Fall from 1.6842 should target a retest on 1.6125 low. Firm Read more…
Daily Pivots: (S1) 0.9197; (P) 0.9208; (R1) 0.9219; More…. Intraday bias in EUR/CHF stays neutral first and consolidations from 0.9264 could extend. But still, further rise is expected with 0.9155 support intact. On the upside, Read more…