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Daily Pivots: (S1) 1.2526; (P) 1.2547; (R1) 1.2581; More… Intraday bias in GBP/USD remains neutral for the moment. Further rise is mildly in favor with 1.2445 support intact. On the upside, break of 1.2633 will resume the rally from 1.2298 to 1.2708 resistance next. However, firm break of 1.2445 will indicate that this rebound has […]

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22/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6144; (P) 1.6210; (R1) 1.6252; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, break of 1.6319 resistance will now indicate short term bottoming, on bullish convergence condition in 4H MACD. Intraday bias will be back on the upside for 1.6478 resistance. Nevertheless, on the downside, below 1.6148 […]
21/02/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.93; (P) 150.09; (R1) 150.30; More… USD/JPY is still bounded in consolidation from 150.87 and intraday bias stays neutral. In case of another retreat, downside should be contained by 148.79 resistance turned support to bring another rally. Above 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. Decisive break […]
05/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 160.92; (P) 161.30; (R1) 161.66; More… Intraday bias in USD/JPY remains neutral for the moment and some more consolidations could be seen first. Further rally is expected as long as 160.25 minor support holds. Break of 161.94 will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at […]