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Daily Pivots: (S1) 149.33; (P) 150.01; (R1) 150.66; More… No change in USD/JPY’s outlook as consolidation continues above 148.64. Intraday bias stays neutral and further decline is in favor as long as 151.94 resistance holds. On the downside, below 148.64 will strengthen the case that rise from 139.57 has already completed at 156.754. Deeper fall […]

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AUD/USD Mid-Day Report

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24/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2674; (P) 1.2710; (R1) 1.2736; More… Intraday bias in GBP/USD is turned neutral as it recovered ahead of 55 4H EMA (now at 1.2671). On the upside, break of 1.2760 will resume the rally fro 1.2290 towards 1.2892 resistance. On the downside, break of 1.2670 will resume the pull back from 1.2760 […]
09/12/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4057; (P) 1.4111; (R1) 1.4211; More… Focus stays on 1.4177 resistance in USD/CAD. Decisive break there will resume larger up trend. Next target is 1.4391 projection level. Rejection by 1.4177 will delay the bullish case and bring more consolidations. But outlook will continue to stay bullish as long as 1.3980 support holds. […]
27/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 144.21; (P) 144.71; (R1) 145.31; More… USD/JPY reversed after edging higher to 146.68 and intraday bias is turned neutral first. Further rise would remain in favor as long as 142.89 minor support holds. Above 146.48 will extend the rebound from 139.57 to 38.2% retracement of 161.94 to 139.57 at 148.11. On the […]