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Daily Pivots: (S1) 0.8244; (P) 0.8269; (R1) 0.8314; More… EUR/GBP rebounded strongly again ahead of 0.8201 key support and intraday bias is turned neutral. On the upside, break of 0.8326 resistance will indicate short term bottoming, on bullish convergence condition in 4H MACD. Intraday bias will be turned back to the upside for 0.8446 structural […]

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AUD/USD Daily Report

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25/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 142.67; (P) 143.67; (R1) 144.23; More… No change in USD/JPY’s outlook and further rise is still in favor with 141.73 minor support intact, despite loss of upside momentum as seen in 4H MACD. Rebound from 139.57 short term bottom should extend to 38.2% retracement of 161.94 to 139.57 at 148.11. On the […]
17/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8426; (P) 0.8457; (R1) 0.8479; More… USD/CHF is still bounded in range trading and intraday bias remains neutral for the moment. With 0.8548 resistance intact, further decline is still expected. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger […]
16/12/2023

USD/CHF Weekly Outlook

USD/CHF’s fall from 0.9111 continued last week and edged lower to 0.8629 last week. Nevertheless, with subsequent recovery, initial bias is neutral this week for consolidations first. Break of 0.8629 will resume the decline to retest 0.8551 key support level. However, break of 0.8819 will turn bias back to the upside for stronger rebound. In […]