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Daily Pivots: (S1) 0.8616; (P) 0.8632; (R1) 0.8649; More… USD/CHF’s rise from 0.8374 resumed by breaking through 0.8710 and intraday bias is back on the upside. Sustained trading above 0.8710 will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should then be seen to 61.8% retracement at 0.8899 next. For […]

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USD/JPY Mid-Day Outlook

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AUD/USD Daily Report

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09/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2693; (P) 1.2722; (R1) 1.2780; More… Intraday bias in GBP/USD is turned neutral first with current recovery. Another fall is in favor as long as 1.2839 resistance holds. Below 1.2664 will target 1.2612 support. Decisive break there should confirm that rise from 1.2298 has completed, and target this support next. However, break […]
02/12/2023

AUD/USD Weekly Report

AUD/USD’s rebound from 0.6269 continued last week, and late breach of 0.6674 temporary top suggests that it’s resuming after brief retreat. Initial bias is back on the upside this week. Sustained break break of channel resistance (now at 0.6661) will argue that whole decline from 0.7156 has completed with three waves down to 0.6269. Further […]
18/12/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.99; (P) 153.66; (R1) 154.17; More… USD/JPY is staying in consolidations below 154.47 temporary top and intraday bias remains neutral. Further rally is expected as long as 151.79 minor support holds. Above 154.47 temporary top will target a retest on 156.74 high first. Firm break there will resume whole rally from 139.57, […]