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Daily Pivots: (S1) 167.88; (P) 169.01; (R1) 169.74; More… EUR/JPY is still bounded in sideway trading and intraday bias remains neutral. On the downside, break of 168.01 support will strengthen the case that rise from 164.31 has completed at 170.78 already. Intraday bias will be back on the downside for 167.31 support, and then 164.01. […]

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26/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2602; (P) 1.2627; (R1) 1.2663; More… Intraday bias in GBP/USD remains neutral as consolidations from 1.2574 is extending. Risk will stay on the downside as long as 55 4H EMA (now at 1.6905) holds. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support first. Decisive break there will suggest […]
15/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8580; (P) 0.8593; (R1) 0.8601; More… Intraday bias in EUR/GBP remains neutral at this point. Further decline is expected as long as 0.8638 minor resistance holds. On the downside, below 0.8585 will resume the fall from 0.8713 to 0.8548 support. Firm break there will target 0.8491 low next. In the bigger picture, […]
05/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6692; (P) 0.6720; (R1) 0.6755; More… Intraday bias in AUD/USD is turned neutral first with current recovery. On the downside, below 0.6685 will extend the decline from 0.6823 short term top to 38.2% retracement of 0.6348 to 0.6823 at 0.6642. Break will target 61.8% retracement at 0.6529. On the upside, though, above […]