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Daily Pivots: (S1) 157.16; (P) 157.44; (R1) 157.94; More… Intraday bias in USD/JPY is turned neutral with current retreat. On the downside, break of 156.57 minor support will indicate short term topping, on bearish divergence condition in 4 H MACD. Intraday bias will be back on the downside for 153.59 support. Firm break there will […]

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26/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8411; (P) 0.8425; (R1) 0.8455; More…. Intraday bias in EUR/GBP remains neutral for the moment and outlook stays bearish as long as 0.8498 resistance holds. Larger down trend should resume through 0.8382 at a later stage. In the bigger picture, down trend from 0.9267 (2022 high) is in progress. Next target is […]
20/02/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6527; (P) 0.6540; (R1) 0.6553; More… No change in AUD/USD’s outlook as consolidation from 0.6442 is extending. Intraday bias remains neutral for the moment. Stronger recovery cannot be ruled out, but outlook will remain bearish as long as 0.6621 resistance holds. Break of 0.6642 will resume the decline from 0.6870 towards 0.6269 […]
08/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6643; (P) 1.6714; (R1) 1.6826; More… Intraday bias in EUR/AUD remains neutral for the moment. While deeper retreat cannot be ruled out, outlook will remain bullish as long as 1.6474 support holds. On the upside, above 1.6869 minor resistance will turn bias back to the upside for retesting 1.7180. Firm break there […]