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Daily Pivots: (S1) 0.6528; (P) 0.6548; (R1) 0.6568; More… Intraday bias in AUD/USD remains neutral for consolidations above 0.6513 temporary low. Further decline is expected as long as 55 4H EMA (now at 0.6623) holds. On the downside, sustained break of 61.8% retracement of 0.6361 to 0.6798 at 0.6528 will resume the fall from 0.6798 […]

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27/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6626; (P) 0.6658; (R1) 0.6679; More… No change in AUD/USD’s outlook as consolidation from 0.6713 is still extending. Intraday bias remains neutral at this point. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume […]
15/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 144.32; (P) 144.95; (R1) 145.54; More… Intraday bias in USD/JPY remains neutral at this point. Rebound from 140.25 could extend through 146.40, but upside should be limited by 61.8% retracement of 151.89 to 140.25 at 147.44. On the downside, break of 143.41 will turn bias back to the downside for retesting 140.25 […]
13/01/2024

GBP/USD Weekly Outlook

GBP/USD gyrated higher last week but upside is capped below 1.2826 resistance. Initial bias stays neutral this week first, and more sideway trading would be seen. On the upside, decisive break of 1.2826 will resume whole rally from 1.2036. Nevertheless, another fall and break of 1.2611 will bring deeper correction to 1.2499 support instead. In […]