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Daily Pivots: (S1) 1.6531; (P) 1.6572; (R1) 1.6613; More… Intraday bias in EUR/AUD remains neutral and outlook stays 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 fibonacci projection level next. However, firm break of […]

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USD/JPY Mid-Day Outlook

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08/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2481; (P) 1.2528; (R1) 1.2554; More… Intraday bias in GBP/USD stays neutral at this point. Further rally is in favor with 1.2471 support intact. On the upside, above 1.2633 will resume the rebound from 1.2298 to 1.2708 resistance next. However, firm break of firm break of 1.2471 will indicate that this rebound […]
18/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0701; (P) 1.0719; (R1) 1.0753; More…. Intraday bias in EUR/USD is turned neutral with current retreat. Further fall is expected as long as 55 4H EMA (now at 1.0770) holds. Fall from 1.0915 is seen as another leg in the larger corrective pattern. Below 1.0677 will target 1.0601 low first. Firm break […]
24/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6550; (P) 0.6581; (R1) 0.6610; More… Intraday bias in AUD/USD stays neutral for the moment. Consolidation from 0.6524 could extend further. But further decline is expected as long as 0.6639 support turned resistance holds. Firm break of 0.6524 support will argue that whole rebound from 0.6269 has completed, and bring deeper fall […]