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Daily Pivots: (S1) 184.74; (P) 185.27; (R1) 185.56; More… GBP/JPY’s fall from 188.63 accelerates lower today and breaks through 184.44 support. Current development argues that a medium term is in place on bearish divergence condition in D MACD. Fall from 188.63 is likely corrective whole rise from 148.93. Intraday bias is now on the downside […]

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27/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.5995; (P) 1.6068; (R1) 1.6137; More… Intraday bias in EUR/AUD stays on the downside for the moment. Current decline is expected to continue to 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target 1.5846 key support next. For now, risk will stay on the downside as […]
23/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6423; (P) 0.6439; (R1) 0.6465; More… AUD/USD’s recovery from 0.6361 continues today but stays below 0.6480 support turned resistance. Intraday bias remains neutral first. Upside is still expected to be limited by 0.6480 support turned resistance to bring another decline. On the downside, break of 0.6361 will resume the fall from 0.6870 […]
20/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6313; (P) 1.6383; (R1) 1.6448; More… Intraday bias in EUR/AUD remains on the downside for the moment. Firm break of 1.6256 support will resume whole fall from 1.7180 to 61.8% projection of 1.7180 to 1.6256 from 1.6629 at 1.6058. On the upside, above 1.6474 minor resistance will turn intraday bias neutral first. […]