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Daily Pivots: (S1) 0.6894; (P) 0.6918; (R1) 0.6939; More… Intraday bias in AUD/USD stays on the upside at this point, and current rally from 0.6340 should target 100% projection of 0.6348 to 0.6823 from 0.6621 at 0.7096. On the downside, below 0.6867 minor support will turn intraday bias neutral first. In the bigger picture, overall, […]

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29/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.51; (P) 153.20; (R1) 153.98; More… No change in USD/JPY’s outlook and intraday bias stays on the upside. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. On the downside, below 151.44 minor support will turn intraday bias neutral again first. In […]
30/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6285; (P) 1.6330; (R1) 1.6383; More… Intraday bias in EUR/AUD is turned neutral against with current recovery. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, above 1.6403 will resume the rebound from 1.6211 […]
11/05/2024

EUR/USD Weekly Outlook

EUR/USD stayed in consolidation below 1.0810 last week. Initial bias stays neutral this week but further rally is expected as long as 55 4H EMA (now at 1.0744) holds. On the upside, above 1.0810 will resume the rebound from 1.0601 to 1.0884 resistance next. However, firm break of 55 4H EMA will argue that the […]