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Daily Pivots: (S1) 0.6532; (P) 0.6553; (R1) 0.6572; More… Intraday bias in AUD/USD remains neutral for the moment, and further decline is in favor with 0.6621 resistance intact. On the downside, below 0.6520 minor support will turn bias to the downside for retesting 0.6442 first. Firm break there will resume the the decline from 0.6870 […]

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USD/JPY Daily Outlook

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EUR/USD Weekly Outlook

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28/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2612; (P) 1.2641; (R1) 1.2670; More… No change in GBP/USD’s outlook and further decline is expected with 1.2702 resistance intact. Sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. On the upside, however, firm break of 1.2702 resistance will argue […]
26/08/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3465; (P) 1.3542; (R1) 1.3586; More… USD/CAD’s fall from 1.3946 continues today and intraday bias stays on the downside for 1.3477 support. Firm break there will target 1.3091/3176 support zone. On the upside, above 1.3570 support turned resistance will turn intraday bias neutral and bring consolidations first, before staging another decline. In […]
02/12/2023

USD/JPY Weekly Outlook

USD/JPY’s fall from 151.89 resumed last week and edged lower to 146.65, but recovered again. Initial bias stays neutral this week first. Further fall is in favor with upside capped by 55 4H EMA (now at 148.38). Break of 146.65 will target 145.06 key support level. In the bigger picture, rise from 127.20 (2023 low) […]