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Daily Pivots: (S1) 1.3477; (P) 1.3502; (R1) 1.3540; More… Intraday bias in USD/CAD remains neutral for the moment. While recovery from 1.3418 might extend higher, outlook will stay bearish as long as 1.3646 resistance holds. On the downside, break of 1.3418 will resume the fall from 1.3946 to 61.8% projection of 1.3946 to 1.3439 from […]

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AUD/USD Daily Report

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EUR/AUD Daily Outlook

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30/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1043; (P) 1.1091; (R1) 1.1127; More…. While EUR/USD’s retreat from 1.1200 extended lower, downside is contained above 1.1007 resistance turned support. Intraday bias remains neutral and larger rally is still expected to continue. On the upside, break of 1.1200 will resume recent rally to 161.8% projection of 1.0665 to 1.0947 from 1.0776 […]
25/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.68; (P) 154.33; (R1) 155.56; More… Intraday bias in USD/JPY is turned neutral first with current recovery, and some consolidations would be seen above 151.93 temporary low. But risk will remain on the downside as long as 155.36 support turned resistance holds. Decisive break of 151.89 resistance turned support will argue that […]
02/02/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6527; (P) 0.6553; (R1) 0.6598; More… AUD/USD recovered quickly after breaching 0.6524 support and intraday bias stays neutral. On the downside, decisive break of 0.6524 argue that whole rebound from 0.6269 has completed, and bring deeper fall to this support. However, considering bullish convergence condition in 4H MACD, firm break of 0.6623 […]