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Daily Pivots: (S1) 0.6350; (P) 0.6366; (R1) 0.6388; More… AUD/USD is staying in range above 0.6336 temporary low and intraday bias stays neutral. More consolidations would be seen and another recovery cannot be ruled out. But outlook will stay bearish as long as 55 D EMA (now at 0.6533) holds. Below 0.6336 will resume the […]

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22/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6489; (P) 1.6518; (R1) 1.6564; More… EUR/AUD recovered after failing to sustain below 1.6474 support, but stays below 1.6745 resistance. Intraday bias remains neutral first, and rise from 1.5996 is still in favor to continue. On the upside, break of 1.6745 resistance will suggest that pullback from 1.7180 has completed, and retain […]
11/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8417; (P) 0.8432; (R1) 0.8441; More… No change in EUR/GBP’s outlook as consolidation from 0.8399 is still in progress. Intraday bias stays neutral. Further decline is expected with 0.8466 resistance intact. On the downside, below 0.8399 will resume the fall from 0.8624 and target 0.8382 support. Firm break there will resume larger […]
11/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6735; (P) 0.6744; (R1) 0.6755; More… Intraday bias in AUD/USD is back on the upside with breach of 0.6760 temporary top. Rise from 0.6361 is resuming and should target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. On the downside, however, break of 0.6723 minor support will turn bias back […]