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Daily Pivots: (S1) 0.6588; (P) 0.6617; (R1) 0.6634; More… Intraday bias in AUD/USD remains on the downside for the moment. Fall from 0.6941 is in progress for 61.8% retracement of 0.6269 to 0.6941 at 0.6526. Sustained break there will target 0.6348 support next. On the upside, above 0.6660 minor resistance will turn intraday bias neutral […]

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EUR/AUD Daily Outlook

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22/12/2024

EUR/AUD Weekly Outlook

EUR/AUD’s rally from 1.5963 continued last week and the break of 1.6598 resistance confirmed that correction from 1.7180 has already completed, after defending 1.5995 key support. But as a temporary top was formed at 1.6712, initial bias stays neutral for consolidations first. On the upside, break of 1.6712 will resume the rally from 1.5693 to […]
21/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 180.70; (P) 182.02; (R1) 182.76; More… GBP/JPY’s fall from 184.15 extends lower today but overall it’s staying in range above 178.32. Intraday bias remains neutral and further decline is expected. On the downside, break of will resume the decline from 188.63 and target 38.2% retracement of 148.93 to 188.63 at 173.46. However, […]
12/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6648; (P) 0.6687; (R1) 0.6727; More… AUD/USD is staying in range above 0.6639 and intraday bias remains neutral. On the downside, break of 0.6639 will resume the fall from 0.6870 short term top to 0.6541 support next. On the upside, though, break of 0.6759 minor resistance will suggest that the pull back […]