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Daily Pivots: (S1) 0.6511; (P) 0.6526; (R1) 0.6535; More… Intraday bias in AUD/USD remains neutral as consolidation from 0.6468 is extending. Stronger recovery cannot be ruled out, but outlook will stay bearish as long as 0.6621 resistance holds. On the downside, break of 0.6468 will resume the fall from 0.6870, as part of the down […]

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EUR/AUD Daily Outlook

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EUR/USD Mid-Day Outlook

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04/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.68; (P) 145.94; (R1) 146.73; More… Range trading continues in USD/JPY in 143.43/147.20 and intraday bias remains neutral. Further rally will remain in favor as long as 143.43 support holds. Above 147.20 will target 149.35 resistance first. Firm break there will resume the rebound from 141.67 to 100% projection of 141.67 to […]
03/08/2024

EUR/AUD Weekly Outlook

EUR/AUD’s rise from 1.5996 extended through 1.6742 resistance last week despite interim pullback. The development strengthens the case that corrective fall from 1.7062 has completed with three waves down to 1.5998. Initial bias is on the upside this week for retesting 1.7062 high. On the downside, break of 1.6474 support is needed to indicate short […]
25/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0812; (P) 1.0864; (R1) 1.0906; More… Intraday bias in EUR/USD is turned neutral with current recovery. On the upside, firm break of 1.0915 minor resistance will indicate short term bottom at 1.0821, on bullish convergence condition in 4H MACD. Intraday bias will be back on the upside for stronger rebound towards 1.1138 […]