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Daily Pivots: (S1) 156.56; (P) 157.04; (R1) 157.55; More…. Intraday bias in EUR/JPY remains neutral and further decline is expected as long as 160.01 support turned resistance holds. Below 155.45 will bring retest of 154.40 low. Firm break there will resume whole decline from 175.41 to 153.15 support. In the bigger picture, price actions from […]

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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 […]
27/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6523; (P) 0.6541; (R1) 0.6552; More…. AUD/USD is staying in consolidation above 0.6503 and intraday bias stays neutral. Risk will remain on the downside as long as 0.6633 resistance holds. Firm break of 0.6503 support will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside […]
30/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2816; (P) 1.2852; (R1) 1.2898; More… Intraday bias in GBP/USD stays on the downside as fall from 1.3043 is in progress. Decisive break of 55 D EMA (now at 1.2779) will suggest that rise from 1.2298 has completed with three waves up to 1.3043 Deeper fall would be seen to 1.2612 support […]