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Daily Pivots: (S1) 0.6455; (P) 0.6473; (R1) 0.6504; More… AUD/USD’s strong break of 0.6480 support turned resistance confirms short term bottoming at 0.6361, and intraday bias is back on the upside. Sustained break of 55 D EMA (now at 0.6527) will bring further rally to 0.6643 resistance next. On the downside, though, break of 0.6440 […]

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03/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6766; (P) 0.6782; (R1) 0.6807; More… Intraday bias in AUD/USD remains neutral as consolidation form 0.6823 is extending. Deeper fall might be seen but downside should b contained by 0.6696 support to bring rebound. Above 0.6823 will target 0.6870 resistance next. However, break of 0.6696 support will indicate short term topping, on […]
19/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1080; (P) 1.1135; (R1) 1.1172; More…. Intraday bias in EUR/USD is now on the upside with breach of 1.1153 resistance. Firm break of 1.1200 will resume larger rally from 1.0665 to 1.1274 high next. On the downside, however, break of 1.1072 will turn bias back to the downside for 1.1001 support instead. […]
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 […]