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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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16/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 157.32; (P) 157.88; (R1) 158.57; More… USD/JPY quickly recovered after dipping to 157.16. With 4H MACD crossed above signal line, intraday bias is turned neutral first. On the downside, break of 157.16 and sustained trading below 55 D EMA (now at 157.72) will bring deeper correction to 38.2% retracement of 140.25 to […]
13/07/2024

EUR/CHF Weekly Outlook

EUR/CHF’s late breach of 0.9754 resistance last week suggests that rise from 0.9476 is resuming. Initial bias is back on the upside this week. Further rally would be seen to retest 0.9928 high. On the downside, however, break of 0.9677 will turn bias to the downside for deeper pullback. In the bigger picture, rebound from […]
10/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8361; (P) 0.8375; (R1) 0.8383; More… Intraday bias in EUR/GBP remains neutral for the moment. Outlook also stays bearish. On the downside, break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to 0.8309 at 0.8429 will pave the way to […]