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Daily Pivots: (S1) 0.6645; (P) 0.6670; (R1) 0.6720; More… Intraday bias in AUD/USD remains on the upside at tis point. Sustained break of 61.8% projection of 0.6464 to 0.6645 from 0.6578 at 0.6690 will target 100% projection at 0.6759. On the downside, below 0.6645 will turn intraday bias neutral first. But further rally is expected […]

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20/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 200.64; (P) 200.88; (R1) 201.35; More… Intraday bias in GBP/JPY remains neutral as consolidations continues below 201.59. Further rally is expected as long as 197.18 support holds. However, considering bearish divergence condition in 4H MACD, firm break of 197.18 will confirm short term topping, and turn bias back to the downside for […]
21/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3603; (P) 1.3622; (R1) 1.3639; More… Intraday bias in USD/CAD stays on the downside for 1.3588 structural support. Strong support could be seen from there to bring reversal. On the upside, above 1.3686 minor resistance will turn intraday bias back to the upside for stronger rebound. However, decisive break of 1.3588 will […]
31/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0820; (P) 1.0838; (R1) 1.0865; More… Intraday bias in EUR/USD stays on the downside at this point. Fall from 1.1138 is in progress to 1.0722 support first. Decisive break there will argue that whole rise from 1.0447 has completed, and target this low. However, on the upside, break of 1.0931 will turn […]