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Daily Pivots: (S1) 0.6473; (P) 0.6541; (R1) 0.6581; More… Intraday bias in AUD/USD stays on the downside for the moment. Fall from 0.6870 is in progress for 61.8% projection of 0.6870 to 0.6524 from 0.6621 at 0.6407. On the upside, break of 0.6621 resistance is needed to signal short term bottoming. Otherwise, outlook will stay […]

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23/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6479; (P) 1.6556; (R1) 1.6597; More… Intraday bias in EUR/AUD remains neutral at this point. For now, further rally will remain mildly in favor as long as 1.6368 support holds. Corrective fall from 1.6742 could have completed with three waves down to 1.6368. Above 1.6678 will target a retest on 1.6742 resistance […]
20/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3695; (P) 1.3710; (R1) 1.3723; More… USD/CAD is still bounded in sideway trading and intraday bias stays neutral at this point. Corrective fall from 1.3845 should have completed already. Further rally is expected as long as 1.3662 support holds. Break of 1.3790 will target a retest on 1.3845 first. Nevertheless, break of […]
16/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.52; (P) 163.21; (R1) 164.47; More… Intraday bias in EUR/JPY remains on the upside for the moment. Fall from 175.41 should have completed at 154.40 already. Rise from there is seen as the second leg of the corrective pattern from 175.41. Further rally is expected to 61.8% retracement of 175.41 to 154.40 […]