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Daily Pivots: (S1) 1.0841; (P) 1.0897; (R1) 1.0933; More… Intraday bias in EUR/USD remains on the downside. Fall from 1.1138 is in progress for 1.0722 support. Sustained break there will argue that whole rise from 1.0447 has completed, and target this low. For now, risk will stay on the downside as long as 1.0995 resistance […]

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30/10/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6539; (P) 0.6567; (R1) 0.6589; More… Intraday bias in AUD/USD remains on the downside, as decline from 0.6941 is in progress for 61.8% retracement of 0.6269 to 0.6941 at 0.6526. Sustained break there will target 0.6348 support next. On the upside, above 0.6609 minor resistance will turn intraday bias neutral and bring […]
13/01/2024

GBP/JPY Weekly Outlook

GBP/JPY’s strong break of 184.15 resistance last week indicates that corrective fall from 188.63 has completed at 178.32. But as a temporary top was formed at 186.14, initial bias is neutral this week first. Further rally is in favor as long as 182.73 minor support holds. Break of 186.14 will target 188.63 high next. In […]
06/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6531; (P) 1.6566; (R1) 1.6607; More… Range trading continues in EUR/AUD and intraday bias remains neutral. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for confirmation. Nevertheless, […]