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Daily Pivots: (S1) 1.6555; (P) 1.6589; (R1) 1.6635; More… EUR/AUD is staying in sideway trading in tight range and intraday bias stays neutral. Outlook will remain bullish with 1.6474 support intact. On the upside, above 1.6798 minor resistance will bring retest of 1.7180 resistance first. Firm break there will resume larger up trend to 1.7715 […]

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USD/JPY Mid-Day Outlook

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17/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6711; (P) 0.6738; (R1) 0.6761; More… AUD/USD recovered quickly after breaching 0.6723 support and intraday bias remains neutral. Further rally is expected as long as 0.6723 minor support holds. On the upside, above 0.6798 will resume the rally from 0.6361 and target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. […]
15/04/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0599; (P) 1.0665; (R1) 1.0708; More… No change in EUR/USD’s outlook and intraday bias stays on the downside. Current fall is part of the decline from 1.1138. Next target is 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. On the upside, above 1.0723 support turned resistance will turn intraday […]
19/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 170.43; (P) 171.01; (R1) 172.02; More… EUR/JPY recovered after dipping to 169.98 and intraday bias is turned neutral first. Further fall is in favor as long as 172.91 resistance holds. Sustained trading below 55 D EMA (now at 170.30) will target 38.2% retracement of 153.15 to 175.41 at 166.90, as a correction […]