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Daily Pivots: (S1) 1.6542; (P) 1.6576; (R1) 1.6631; More… Intraday bias in EUR/AUD stays neutral at this point. On the upside, firm break of 1.6606 will retain near term bullishness and bring retest of 1.6742. Break there will resume larger rise from 1.6127. On the downside, however, decisive break of 1.6450 support will argue that […]

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AUD/USD Daily Report

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02/12/2023

GBP/USD Weekly Outlook

GBP/USD’s rise from 1.2036 continued to 1.2731 last week but retreated after hitting 61.8% retracement of 1.3141 to 1.2036 at 1.2716. Initial bias stays neutral this week first. Some more consolidations could be seen but further rise is expected as long as 1.2590 minor support holds. On the upside, decisive break of 1.2731 will resume […]
10/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6583; (P) 0.6603; (R1) 0.6639; More… Intraday bias in AUD/USD remains neutral for the moment. Further rise is in favor as long as 55 4H EMA (now at 0.6570) holds. Above 0.6645 will resume the rebound from 0.6361. On the downside, however, firm break of 55 4H EMA will bring deeper fall […]
10/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.36; (P) 187.24; (R1) 188.05; More… Intraday bias in GBP/JPY stays on the downside at this point, and fall from 193.45 is in progress for retest 180.00 low first. Break there will resume whole fall from 208.09. On the upside, above 189.76 minor resistance will turn intraday bias neutral. In the bigger […]