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Daily Pivots: (S1) 1.6172; (P) 1.6214; (R1) 1.6242; More… Intraday bias in EUR/AUD Is mildly on the downside at this point. Rebound from 1.6002 could have completed at 1.6351. Deeper fall would be seen back to retest 1.6002 low. On the upside, though, above 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 […]

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GBP/JPY Daily Outlook

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03/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6644; (P) 0.6657; (R1) 0.6681; More… Intraday bias in AUD/USD remains neutral as sideway consolidation from 0.6713 is still extending. 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 whole rise from 0.6361 to […]
04/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.93; (P) 191.44; (R1) 192.45; More….. Break of 191.65 minor resistance suggests that GBP/JPY’s pullback from 193.51 has completed at 190.02 already. Intraday bias is back on the upside for retesting 193.51 first. Firm break there will resume larger up trend. For now, further rally is expected as long as 190.02 support […]
19/10/2024

USD/JPY Weekly Outlook

USD/JPY edged higher last week even though it continued to lose upside momentum, as seen in 4H MACD. Further rally is expected as long as 148.84 minor support holds, towards 61.8% retracement of 161.94 to 139.57 at 153.39. However, break of 148.84 will turn intraday bias neutral first. Further break of 146.48 resistance turned support […]