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Daily Pivots: (S1) 0.6784; (P) 0.6806; (R1) 0.6830; More… Intraday bias in AUD/USD remains on the upside for the moment. Current rally from 0.6348 is in progress for 61.8% projection of 0.6348 to 0.6823 from 0.6621 at 0.6915 next. On the downside, below 0.6736 minor support will turn intraday bias neutral first. But outlook will […]

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EUR/USD Mid-Day Outlook

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01/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0856; (P) 1.0872; (R1) 1.0900; More… Intraday bias in EUR/USD stays mildly on the upside for the moment. Rebound from 1.0760 short term bottom would target 55 D EMA (now at 1.0943). Strong resistance should be seen there to limit upside. On the downside, below 1.0807 minor support will turn intraday bias […]
10/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.12; (P) 155.54; (R1) 155.91; More… No change in USD/JPY’s outlook and intraday bias stays mildly on the upside. Rebound from 151.86 is seen as the second leg of the corrective pattern from 160.20 high. Further rise would be seen to 157.98 resistance. On the downside, below 154.23 minor support will turn […]
24/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 200.96; (P) 201.56; (R1) 202.63; More… Intraday bias in GBP/JPY remains on the upside for the moment. Current up trend should target 61.8% projection of 191.34 to 200.72 from 197.18 at 202.97. Firm break there will pave the way to 100% projection at 206.56 next. on the downside, below 200.46 minor support […]