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Daily Pivots: (S1) 1.1101; (P) 1.1124; (R1) 1.1136; More…. Range trading continues in EUR/USD and intraday bias remains neutral. On the upside, break of 1.1153 resistance will suggest that later rally is ready to resume and target 1.1200, and then 1.1274 high. On the downside, below 1.1072 minor support will turn bias back to the […]

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AUD/USD Daily Report

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GBP/JPY Daily Outlook

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30/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.16; (P) 157.44; (R1) 157.94; More… Immediate focus is now on 156.57 minor support in USD/JPY. Decisive break there will confirm short term topping at 157.70, on bearish divergence condition in 4 H MACD. Intraday bias will be back on the downside for 153.59 support. Firm break there will target 151.86 and […]
14/09/2024

USD/CHF Weekly Outlook

USD/CHF recovered to 0.8548 last week but retreated since then. Initial bias stays neutral this week first and more sideway trading could be seen. But further decline will remain in favor as long as 0.8548 resistance holds. Break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate […]
16/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0934; (P) 1.0951; (R1) 1.0968; More… EUR/USD is still bounded in range above 1.0876 despite today’s decline. Intraday bias stays neutral for the moment. Further fall is in favor as long as 1.0997 minor resistance intact. Break of 1.0876 will resume the fall from 1.1138 to 1.0722 support next. Nevertheless, firm break […]