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EUR/AUD recovered after drawing support from 1.6450, but upside is still capped by 1.6606 minor resistance. Initial bias stays neutral this week first. On the upside, firm break of 1.6606 will retain near term bullishness and bring retest of 1.6742. Break there will resume larger rise from 1.6127. On the downside, however, decisive break of […]

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GBP/USD Mid-Day Outlook

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EUR/USD Weekly Outlook

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12/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 145.96; (P) 146.89; (R1) 147.49; More… Intraday bias in USD/JPY stays neutral for the moment. While further rally cannot be ruled out, outlook will stay bearish as long as 38.2% retracement of 161.94 to 141.67 at 149.41 holds. Below 144.04 minor support will turn bias to the downside for 141.67. Break there […]
27/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.77; (P) 144.21; (R1) 144.98; More… Further decline remains in favor in USD/JPY as long as 146.47 resistance holds, for retesting 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. On the upside, above 146.47 minor resistance will turn intraday bias back to the upside […]
26/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8567; (P) 0.8576; (R1) 0.8586; More… Intraday bias in EUR/GBP is turned neutral with current retreat. But further rise will remain in favor as long as 0.8529 minor support holds. Rebound from 0.8497 is seen as at least correcting the fall from 0.8764. Above 0.8601 will target 161.8% projection of 0.8497 to […]