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Daily Pivots: (S1) 156.77; (P) 157.07; (R1) 157.58; More…. USD/JPY dips mildly today but stays in range of 156.36/157.70. Intraday bias remains neutral for the moment. On the downside, decisive break of 156.36 minor support will confirm short term topping at 157.70, on bearish divergence condition in 4H MACD. Intraday bias will be back on […]

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EUR/USD Daily Outlook

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07/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6699; (P) 1.6785; (R1) 1.6859; More… EUR/AUD’s retreat from 1.7180 extends lower today but stays well above 1.6474 support. Intraday bias remains neutral first and further rally is still in favor. On the upside, above 1.6869 minor resistance will turn bias back to the upside for retesting 1.7180. Firm break there will […]
28/08/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3205; (P) 1.3236; (R1) 1.3291; More… A temporary top is formed at 1.3265 in GBP/USD with current retreat. Intraday bias is turned neutral for consolidations first. Downside of retreat should be contained well above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to […]
16/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6467; (P) 1.6516; (R1) 1.6570; More… Intraday bias in EUR/AUD remains neutral for the moment. For now, the favored case remains that corrective fall from 1.7180 has completed at 1.6256 already. On the upside, above 1.6629 will resume the rebound for retesting 1.7180 high. However, firm break of 1.6457 minor support will […]