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Daily Pivots: (S1) 190.07; (P) 191.15; (R1) 191.92; More….. Intraday bias in GBP/JPY stays neutral at this point and some more consolidations would be seen. Nevertheless, outlook will stay bullish as long as 187.94 support holds. On the upside, break of 193.51 will resume larger up trend to 61.8% projection of 178.32 to 191.29 from […]

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14/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.88; (P) 169.01; (R1) 169.74; More… EUR/JPY is still bounded in sideway trading and intraday bias remains neutral. On the downside, break of 168.01 support will strengthen the case that rise from 164.31 has completed at 170.78 already. Intraday bias will be back on the downside for 167.31 support, and then 164.01. […]
08/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6551; (P) 0.6577; (R1) 0.6606; More…. Intraday bias in AUD/USD remains neutral for the moment. On the upside, above 0.6618 will bring further rally to 0.6666 resistance. Break there will resume whole rebound from 0.6442. However, break of 0.6480 support will bring retest of 0.6442 low instead. In the bigger picture, price […]
13/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6566; (P) 0.6585; (R1) 0.6606; More… Intraday bias in AUD/USD stays mildly on the upside despite loss in momentum as seen in 4H MACD. Sustained break of 55 D EMA (now at 0.6612) will target 0.6798 resistance. On the downside, break of 0.6506 minor support will indicate rejection by the 55 D […]