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Daily Pivots: (S1) 147.65; (P) 148.39; (R1) 148.93; More… Intraday bias in USD/JPY is turned neutral first with current retreat. But further rally is expected as long as 141.63 support holds. Rise from 139.57 is seen as the second leg of the corrective pattern from 161.94. Break of 149.35 resistance will target 61.8% retracement of […]

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20/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6756; (P) 0.6798; (R1) 0.6856; More… AUD/USD’s break of 0.6823 confirms resumption of rally from 0.6348. Intraday bias stays on the upside for 61.8% projection of 0.6348 to 0.6823 from 0.6621 at 0.6915 next. On the downside, below 0.6376 minor support will turn intraday bias neutral first. But outlook will remain cautiously […]
28/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8664; (P) 0.8681; (R1) 0.8695; More… Intraday bias in EUR/GBP is turned neutral with current retreat, and some consolidations could be seen. On the upside, above 0.8698 will resume the rebound from 0.8548 to 0.8764 key resistance next. Nevertheless, break of 0.8649 will argue that the rebound has completed, and turn bias […]
09/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6573; (P) 0.6592; (R1) 0.6623; More…. Intraday bias in AUD/USD remains neutral first. On the upside, break of 0.6618 resistance will affirm the case that rise from 0.6480 is the third leg of the pattern from 0.6442 low. Intraday bias will be back on the upside for 0.6666 resistance, and then 100% […]