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Daily Pivots: (S1) 147.20; (P) 147.55; (R1) 148.02; More… Intraday bias in USD/JPY stays neutral, as consolidation from 148.79 is extending. With 145.97 resistance turned support intact, further rally is in favor. As noted before, corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from there for […]

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EUR/AUD Daily Outlook

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EUR/USD Mid-Day Outlook

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18/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6527; (P) 1.6579; (R1) 1.6662; More… Intraday bias in EUR/AUD stays on the upside at this point. As noted before, Correction from 1.7062 should have completed with three waves down to 1.6127. Further rise should be seen to 1.6844 resistance for confirmation. On the downside, below 1.6495 minor support will turn intraday […]
06/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3150; (P) 1.3168; (R1) 1.3199; More… GBP/USD is still extending consolidation from 1.3265 and intraday bias stays neutral. While deeper retreat cannot be ruled out, downside should be contained above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to 100% projection of 1.2298 […]
19/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6499; (P) 1.6553; (R1) 1.6586; More… Intraday bias in EUR/AUD remains neutral for the moment. Further rally would remain in favor as long as 1.6740 support holds. On the upside, above 1.6745 will argue that the pullback has completed, and turn bias back to the upside for retesting 1.7180. However, firm break […]