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Daily Pivots: (S1) 154.57; (P) 154.71; (R1) 154.98; More… Intraday bias is mildly on the upside in USD/JPY with breach of 154.77 resistance. Larger up trend is extending. However, considering bearish divergence condition in 4H MACD, strong resistance should be seen from 155.20 fibonacci level to bring correction on first attempt. On the downside, break […]

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GBP/JPY Daily Outlook

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07/02/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6492; (P) 0.6509; (R1) 0.6539; More… AUD/USD is extending consolidations from 0.6468 and intraday bias remains neutral. Stronger recovery cannot be ruled out, but outlook will stay bearish as long as 0.6621 resistance holds. On the downside, break of 0.6468 will resume the fall from 0.6870, as part of the down trend […]
15/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6596; (P) 1.6648; (R1) 1.6748; More… Intraday bias in EUR/AUD remains neutral as range trading continues. Outlook stays bullish with 1.6474 support intact. On the upside, above 1.6798 minor resistance will bring retest of 1.7180 resistance first. Firm break there will resume larger up trend to 1.7715 fibonacci projection level next. However, […]
12/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2711; (P) 1.2742; (R1) 1.2795; More… GBP/USD is staying in range below 1.2826 and intraday bias remains neutral at this point. On the upside, decisive break of 1.2826 high will resume whole rally from 1.2036. Nevertheless, break of 1.2611 will bring deeper correction to 1.2499 support instead. In the bigger picture, price […]