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Daily Pivots: (S1) 151.59; (P) 151.76; (R1) 151.96; More… Range trading continues in USD/JPY and intraday bias stays neutral at this point. On the downside, break of 150.80 will turn bias back to the downside for deeper pull back to 55 D EMA (now at 149.73). On the upside, however, sustained break of 151.93 key […]

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26/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6490; (P) 0.6515; (R1) 0.6543; More… Intraday bias in AUD/USD remains on the upside for the moment. Sustained break of 55 D EMA (now at 0.6527) will argue that fall from 0.6870 has completed, and bring further rally to 0.6643 resistance next. On the downside, though, break of 0.6464 minor support will […]
05/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8811; (P) 0.8852; (R1) 0.8874; More…. USD/CHF rebounds notably after drawing support from 55 4H EMA, but stays below 0.8891 temporary top. Intraday bias remains neutral first. Further rally is in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. […]
02/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2481; (P) 1.2516; (R1) 1.2564; More… Intraday bias in GBP/USD remains neutral as range trading continues. On the upside, above 1.2568 will resume the rebound from 1.2298 to 55 D EMA (now at 1.2578). Sustained break there will argue that fall from 1.2892 has completed already, and bring further rise to this […]