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Daily Pivots: (S1) 0.6598; (P) 0.6613; (R1) 0.6629; More… Intraday bias in AUD/USD remains neutral as consolidation continues below 0.6666 temporary top. Another rise will be mildly in favor as long as 55 4H EMA (now at 0.6569) holds. Above 0.6666 will resume the rebound from 0.6442 to 61.8% retracement of 0.6877 to 0.6442 at […]

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EUR/USD Mid-Day Outlook

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GBP/JPY Daily Outlook

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05/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.63; (P) 187.18; (R1) 188.00; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, firm break of 187.60 will turn bias to the upside for 188.90. Break there will confirm resumption of larger up trend. Meanwhile, below 185.21 will turn bias to the downside and extend the correction […]
17/08/2024

EUR/CHF Weekly Outlook

EUR/CHF’s rebound from 0.9209 extended to as high as 0.9579 last week before retreating. Initial bias is turned neutral this week first for some consolidations. Further rally is expected as long as 0.9448 support holds. Sustained break of 55 D EMA (now at 0.9593) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive […]
21/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.75; (P) 156.03; (R1) 156.56; More… Outlook in USD/JPY is unchanged and intraday bias stays neutral. Price actions from 160.20 are seen as a corrective pattern. On the upside, break of 156.78 will resume the rise from 151.86, as the second leg, to 100% projection of 151.86 to 156.78 from 153.59 at […]