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Daily Pivots: (S1) 0.6691; (P) 0.6706; (R1) 0.6720; More… AUD/USD is staying in range above 0.6657 temporary low and intraday bias remains neutral. More consolidations could be seen, but further decline is expected as long as 0.6758 resistance holds. Below 06657 will target 0.6621 first. Firm break there will confirm bearish reversal. However, break of […]

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20/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6677; (P) 0.6706; (R1) 0.6761; More… AUD/USD’s rally from 0.6348 is in progress and intraday bias stays on the upside for 0.6798 resistance. Firm break there will argue that larger rise from 0.6269 is ready to resume through 0.6870 resistance. On the downside, below 0.6676 minor support will turn intraday bias neutral […]
16/12/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2592; (P) 1.2638; (R1) 1.2668; More… Intraday bias in GBP/USD remains neutral with focus on 1.2615 minor support. Corrective recovery from 1.2486 might have completed at 1.2810 already. Break of 1.2615 will resume the fall from 1.3433 through 1.2486 to 1.2298 cluster support zone. In the bigger picture, price actions from 1.3433 […]
03/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 161.22; (P) 161.52; (R1) 161.76; More… USD/JPY’s rally continues today despite some loss of upside momentum. Intraday bias stays on the upside at this point. Current up trend should target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. On the downside, below 160.95 minor support will turn intraday bias neutral […]