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Daily Pivots: (S1) 1.6295; (P) 1.6392; (R1) 1.6446; More… EUR/AUD falls sharply after rejection by 55 4H EMA, but stays above 1.6267 low. Intraday bias remains neutral first and outlook remains bearish. On the downside, break of 1.6267 will resume larger decline from 1.7062 to 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 […]

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18/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.78; (P) 157.55; (R1) 159.06; More…. Intraday bias in EUR/JPY remains neutral for the moment. Further decline is expected as long as 158.71 resistance holds. Decisive break of 154.40 low will resume whole decline from 175.41 to 153.15 support, and possibly further to 152.11 fibonacci level. However, firm break of 158.71 will […]
28/08/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3205; (P) 1.3236; (R1) 1.3291; More… A temporary top is formed at 1.3265 in GBP/USD with current retreat. Intraday bias is turned neutral for consolidations first. Downside of retreat should be contained well above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to […]
11/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6551; (P) 0.6585; (R1) 0.6613; More… Intraday bias in AUD/USD remains neutral for the moment. Risk will stay on the downside as long as 0.6689 resistance holds. Break of 0.6524 will resume the fall from 0.6689 short term top to 55 D EMA (now at 0.6496). Nevertheless, firm break of 0.6689 will […]