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Daily Pivots: (S1) 152.16; (P) 153.44; (R1) 154.17; More… Intraday bias in USD/JPY remains neutral and more consolidations could be seen below 154.70. But further rally is expected as long as 151.27 support holds. On the upside, break of 154.70 will resume the rally from 139.57 towards 161.94 high. In the bigger picture, price actions […]

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21/09/2024

GBP/USD Weekly Outlook

GBP/USD’s up trend resumed last week by breaking through 1.3265. Initial bias stays on the upside this week for 61.8% projection of 1.2664 to 1.3265 from 1.3000 at 1.3371. Firm break there will pave the way to 100% projection at 1.3601 next. On the downside, below 1.3219 minor support will turn intraday bias neutral and […]
09/10/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3074; (P) 1.3094; (R1) 1.3124; More… Intraday bias in GBP/USD is turned neutral with loss of downside momentum as seen in 4H MACD. While corrective fall from 1.3433 might extend lower, strong support should be seen from 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) to contained downside. Above […]
11/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6588; (P) 0.6599; (R1) 0.6623; More… Intraday bias in AUD/USD remains neutral at this point. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance next. However, sustained break of 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) will dampen this bullish view, […]