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Daily Pivots: (S1) 1.6438; (P) 1.6468; (R1) 1.6521; More… Intraday bias in EUR/AUD turned back to the upside with break of 1.6516 resistance. Further rally would be seen to 1.6677 resistance next. Break there will confirm that correction from 1.6742 has completed, and bring further rally through this high. On the downside, though, break of […]

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AUD/USD Daily Report

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26/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2464; (P) 1.2495; (R1) 1.2543; More… Intraday bias in GBP/USD remains neutral for the moment. Near term outlook stays bearish as long as 1.2538 support turned resistance holds. Break of 1.2421 minor support will argue that rebound from 1.2298 has completed and bring retest of this low. However, decisive break of 1.2538 […]
17/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3713; (P) 1.3747; (R1) 1.3766; More… Range trading continues in USD/CAD and intraday bias stays neutral. Corrective fall from 1.3845 should have completed already. Further rally is expected as long as 1.3662 support holds. Break of 1.3790 will target a retest on 1.3845 first. Nevertheless, break of 1.3662 will turn bias to […]
07/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.76; (P) 159.32; (R1) 159.66; More… No change in EUR/JPY’s outlook and intraday bias remains neutral. On the upside, decisive break of 160.25 resistance will indicate that rise from 153.15 is ready to resume, and turn bias back to the upside for 161.84 first. Nevertheless, break of 158.06 will now suggest that […]