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Daily Pivots: (S1) 147.74; (P) 148.28; (R1) 148.71; More… USD/JPY is extending the consolidation from 148.79 temporary top and intraday bias remains neutral. While deeper retreat cannot be ruled out, further rally is expected as long as 145.97 resistance turned support holds. Corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 […]

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29/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6352; (P) 1.6417; (R1) 1.6454; More… Intraday bias in EUR/AUD remains on the downside as fall from 1.7180 is extending. Rise from 1.5996 could have completed at 1.7180 already, and deeper fall would be seen back towards this support. On the upside, though, above 1.6580 resistance will turn bias back to the […]
27/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 156.83; (P) 156.99; (R1) 157.16; More… Intraday bias in USD/JPY remains mildly on the upside for 100% projection of 151.86 to 156.78 from 153.59 at 158.51. On the downside, below 155.83 minor support will turn intraday bias neutral first. Further break of 153.69 will target 151.86 and below as the third leg […]
14/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6578; (P) 0.6625; (R1) 0.6709; More… AUD/USD’s rise from 0.6269 resumed by breaking through 0.6689 and intraday bias is back on the upside. Also, the firm break of medium term channel resistance suggests that whole fall from 0.7156 has completed with three waves down to 0.6269. Further rise should be seen to […]