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Daily Pivots: (S1) 0.6617; (P) 0.6646; (R1) 0.6666; More… Intraday bias in AUD/USD remains neutral for the moment as range trading continues. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance next. However, sustained break of 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) will […]

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30/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3459; (P) 1.3475; (R1) 1.3500; More… USD/CAD continues to consolidate above 1.3439 temporary low and intraday bias remains neutral. Upside of recovery should be limited below 1.3617 resistance to bring another fall. On the downside, below 1.3439 will resume the decline from 1.3946 and target 1.3176 support next. In the bigger picture, […]
16/08/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2811; (P) 1.2841; (R1) 1.2884; More… Intraday bias in GBP/USD remains on the upside for retesting 1.3043 high. Decisive break there will resume whole rally from 1.2998 to 61.8% projection of 1.2298 to 1.3043 from 1.2664 at 1.3124, which is close to 1.3141 high. On the downside, however, break of 1.2798 support […]
29/11/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 146.92; (P) 147.87; (R1) 148.43; More… USD/JPY’s decline continues today and break of 147.14 support confirms resumption of whole fall from 151.89. Intraday bias stays on the downside at this point. Sustained break of 61.8% projection of 151.89 to 147.14 from 149.66 at 146.72 will pave the way to 100% projection at […]