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Daily Pivots: (S1) 0.6690; (P) 0.6711; (R1) 0.6726; More… AUD/USD’s fall from 0.6941 resumed by breaking through 0.6701 temporary low. Intraday bias is back on the downside for 0.6621 support. Decisive break there will pave the way back to 0.6348 support next. On the upside, above 0.6758 minor resistance will turn intraday bias neutral again […]

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24/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1073; (P) 1.1121; (R1) 1.1158; More…. Intraday bias in EUR/USD remains neutral as consolidations continues below 1.1200. Further rally is expected as long as 1.1001 support holds. On the upside, above 1.1200 will target 1.1274 high. Firm break there will resume larger up trend. However, firm break of 1.1001 will indicate near […]
03/03/2024

EUR/JPY Weekly Outlook

EUR/JPY dipped to 161.67 last week but recovered since then. Initial bias is turned neutral this week first. Another decline is mildly in favor as long as 163.70 resistance holds. Below 161.67 will target channel support (now at 161.11). However, firm break of 163.70 will resume the rally from 153.15 to retest 164.29 high. In […]
05/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6047; (P) 1.6070; (R1) 1.6096; More… EUR/AUD is extending the consolidation from 1.5996 and intraday bias stays neutral. With 1.6211 support turned resistance intact, outlook remains bearish. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target 1.5846 key […]