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Daily Pivots: (S1) 160.92; (P) 161.30; (R1) 161.66; More… Outlook in USD/JPY is unchanged and intraday bias remains neutral at this point. Further rally is expected as long as 160.25 minor support holds. Break of 161.94 will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. Nevertheless, break of […]

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13/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0915; (P) 1.0927; (R1) 1.0944; More….. No change in EUR/USD’s outlook as range trading continues. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, above 1.0944 minor resistance will bring retest of 1.1007 first. Further break there will resume rally from 1.0665 to […]
05/02/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0747; (P) 1.0822; (R1) 1.0864; More… EUR/USD’s break of 1.0779 support suggests that fall from 1.1138 is resuming. Intraday bias is back on the downside for 1.0722 support. considering bullish convergence condition in 4H MACD, strong support could be seen there to bring rebound. But break of 1.0896 resistance is needed to […]
08/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6727; (P) 0.6741; (R1) 0.6762; More… Intraday bias in AUD/USD remains on the upside for the moment. Current rally should target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. On the downside, below 0.6699 minor support will turn intraday bias neutral first. But, near term outlook will stay bullish as […]