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Daily Pivots: (S1) 0.6545; (P) 0.6568; (R1) 0.6583; More… AUD/USD recovers further today as consolidation from 0.6536 continues. Intraday bias stays neutral at this point, and further decline remains expected as long as 55 D EMA (now at 0.6692) holds. On the downside, sustained break of 0.61.8% retracement of 0.6269 to 0.6941 at 0.6526 will […]

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27/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6760; (P) 0.6779; (R1) 0.6790; More… AUD/USD’s rally from 0.6348 is in progress and intraday bias stays on the upside. Decisive break of 0.6798 resistance will target 0.6870 resistance next, with prospecting of resuming whole rise from 0.6269. On the downside, below 0.6696 support turn bias to the downside for deeper pull […]
04/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6165; (P) 1.6221; (R1) 1.6281; More.. Another fall could still be seen in EUR/AUD with 1.6313 minor resistance holds. But considering bullish convergence condition in 4H MACD, stronger support could be seen from 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 to bring rebound. On the upside, firm break of […]
11/10/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6714; (P) 0.6728; (R1) 0.6755; More… Intraday bias in AUD/USD remains neutral for the moment. Further decline is expected as long as 0.6809 minor resistance holds. Below 0.6701 will resume the fall from 0.6941 short term top. Sustained trading below 55 D EMA (now at 0.6744) should confirm rejection by 0.6941 fibonacci […]