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Daily Pivots: (S1) 1.0783; (P) 1.0804; (R1) 1.0842; More… Intraday bias in EUR/SD is turned neutral with current retreat. Some consolidations would be seen but further rally is expected as long as 1.0765 support holds. Break of 1.0894 will resume the rise fro 1.0601 to 1.0980 resistance. Decisive break there will confirm that whole fall […]

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24/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.06; (P) 156.08; (R1) 156.60; More… Intraday bias in USD/JPY remains on the downside with focus on 38.2% retracement of 140.25 to 161.94 at 153.65. Some support could be seen there to bring rebound, at least on first attempt. But risk will stay on the downside as long as 157.85 resistance holds, […]
23/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6516; (P) 1.6548; (R1) 1.6602; More… Intraday bias in EUR/AUD remains neutral for the moment. Rise from 1.596 is still in favor to continue with 1.6474 support intact. On the upside, break of 1.6745 resistance will suggest that pullback from 1.7180 has completed, and retain near term bullishness. Further rise should then […]
14/09/2024

EUR/USD Weekly Outlook

EUR/USD dipped to 1.1001 last week but rebounded ahead of 38.2% retracement of 1.0665 to 1.1200 at 1.0996. Initial bias remains neutral this week first. On the upside, break of 1.1153 resistance will suggest that later rally is ready to resume and target 1.1200, and then 1.1274 high. On the downside, however, sustained break of […]