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Daily Pivots: (S1) 1.6479; (P) 1.6556; (R1) 1.6597; More… Intraday bias in EUR/AUD remains neutral at this point. For now, further rally will remain mildly in favor as long as 1.6368 support holds. Corrective fall from 1.6742 could have completed with three waves down to 1.6368. Above 1.6678 will target a retest on 1.6742 resistance […]

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AUD/USD Daily Report

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EUR/JPY Mid-Day Outlook

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31/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2693; (P) 1.2721; (R1) 1.2760; More… Intraday bias in GBP/USD remains neutral at this point and some more consolidations could be seen. Further rise is expected as long as 1.2670 support holds. Above 1.2799 will resume the rally from 1.2298 and target 1.2892 resistance. However, break of 1.2670 will indicate short term […]
01/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.42; (P) 151.16; (R1) 152.72; More… Intraday bias in USD/JPY remains on the downside for the moment. Strong support could be seen from 148.66 fibonacci level to bring consolidations. On the upside, above 151.93 support turned resistance will turn bias back to the upside for stronger recovery. Nevertheless, sustained break of 148.66 […]
09/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8542; (P) 0.8583; (R1) 0.8607; More…. EUR/GBP’s break of 0.8561 support argues that a short term top was formed at 0.8624 already. Intraday bias is back on the downside for deeper pullback to 55 4H EMA (now at 0.8531). On the upside, though, break of 0.8624 will resume the rally from 0.8382 […]