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Daily Pivots: (S1) 1.0890; (P) 1.0913; (R1) 1.0954; More… EUR/USD’s breach of 1.0760 indicates that corrective recovery from there has completed after rejection by 55 D EMA (now at 1.0939), and fall from 1.1213 is resuming. Intraday bias is back on the downside for 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656. Firm […]

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USD/JPY Mid-Day Outlook

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AUD/USD Daily Report

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03/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2706; (P) 1.2736; (R1) 1.2772; More…. GBP/USD is stay in consolidation from 1.2799 and intraday bias remains neutral. Further rise is expected as long as 1.2670 support holds. Above 1.2799 will resume the rally from 1.2298 and target 1.2892 resistance. However, break of 1.2670 will indicate short term topping, and turn bias […]
01/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2830; (P) 1.2847; (R1) 1.2873; More… GBP/USD’s fall from 1.3043 continues today despite slightly weak downside momentum as seen in 4H MACD. Decisive break of 55 D EMA (now at 1.2782) will suggest that rise from 1.2298 has completed with three waves up to 1.3043. Deeper fall would be seen to 1.2612 […]
12/10/2024

EUR/JPY Weekly Outlook

EUR/JPY stayed in range of 158.09/163.47 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, firm break of 163.47/86 resistance will resume the rebound from 154.40 to 61.8% retracement of 175.41 to 154.40 at 167.38. On the downside, break of 158.09 will bring deeper fall back to 154.40/155.14 […]