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Daily Pivots: (S1) 158.88; (P) 159.79; (R1) 160.93; More… Outlook in EUR/JPY remains unchanged as rise from 156.16 is seen as a corrective recovery. Further decline is expected as long as 55 D EMA (now at 161.76) holds. On the downside, below 157.85 minor support will bring retest of 156.16 first. Break there will target […]

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30/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6868; (P) 0.6902; (R1) 0.6937; More… Intraday bias in AUD/USD remains on the upside for the moment. Current rally from 0.6340 should target 100% projection of 0.6348 to 0.6823 from 0.6621 at 0.7096. On the downside, below 0.6867 minor support will turn intraday bias neutral first. In the bigger picture, overall, price […]
13/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0915; (P) 1.0927; (R1) 1.0944; More….. Immediate focus is on 1.0944 minor resistance in EUR/USD. Firm break there will indicate that pullback from 1.1007 has completed at 1.0880 already. Retest of 1.1007 should be seen first. Further break there will resume rally from 1.0665 to 100% projection of 1.0665 to 1.0947 from […]
28/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2731; (P) 1.2767; (R1) 1.2835; More… GBP/USD’s rally from 1.2036 resumed by breaking through 1.2793 resistance. Intraday bias is back on the upside. Next target is 61.8% projection of 1.2068 to 1.2731 from 1.2499 at 1.2909. On the downside, below 1.2698 minor support will turn intraday bias neutral again. But further rally […]