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Daily Pivots: (S1) 183.47; (P) 185.78; (R1) 188.55; More… Intraday bias in GBP/JPY remains neutral for the moment. Outlook stays bearish as long as 190.48 resistance holds. On the downside, below 183.10 minor support will bring retest of 180.00 first. Break there will resume the fall from 208.09 to 178.32 support next. Nevertheless, firm break […]

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14/09/2024

EUR/AUD Weekly Outlook

EUR/AUD retreated after edging higher to 1.6629 last week. Initial bias stays neutral this week first. 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 dampen this […]
05/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8989; (P) 0.9033; (R1) 0.9057; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. On the downside, firm break of 55 4H EMA (now at 0.9018) will bring deeper pullback. But downside should be contained by 0.8884 resistance turned support to bring rebound. On the upside, break of 0.9094 will […]
02/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6779; (P) 0.6812; (R1) 0.6845; More… Intraday bias in AUD/USD stays neutral at this point. On the upside, decisive break of 0.6894 resistance will extend the rally from 0.6269 towards 0.7156 key resistance next. On the downside, however, break of 0.6796 support will indicate short term topping, on bearish divergence condition in […]