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Daily Pivots: (S1) 169.04; (P) 169.47; (R1) 169.98; More… Intraday bias in EUR/JPY stays neutral first. On the upside break of 170.12 resistance will argue that pull back from 170.87 has completed at167.52, after drawing support from 55 D EMA. Intraday bias will be back on the upside for 170.87 and then 171.58 high. In […]

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EUR/USD Daily Outlook

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09/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6726; (P) 0.6744; (R1) 0.6755; More… A temporary top is formed at 0.6760 in AUD/USD and intraday bias is turned neutral first. Outlook will stay bullish as long as 0.6619 support holds. On the upside, break of 0.6760 will resume the whole rally from 0.6361. Next target is 61.8% projection of 0.6361 […]
18/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0595; (P) 1.0625; (R1) 1.0648; More… Intraday bias in EUR/USD stays neutral as this point as consolidation from 1.0601 is extending. While stronger recovery cannot be ruled out, upside should be limited by 1.0723 support turned resistance. On the downside, break of 1.0601 will resume the decline from 1.1138 to 100% projection […]
10/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6537; (P) 1.6585; (R1) 1.6614; More… Intraday bias in EUR/AUD stays on the upside at this point. As noted before, corrective pullback from 1.7180 could have completed at 1.6256 already. Further rise should be seen to retest 1.7180 high next. On the downside, however, break of 1.6457 support will turn bias back […]