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Daily Pivots: (S1) 1.0766; (P) 1.0781; (R1) 1.0799; More… EUR/USD is staying in consolidation above 1.0722 and intraday bias remains neutral for the moment. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 1.0896 resistance holds. On the downside, sustained break of 1.0722 will argue that whole rise from 1.0447 […]

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EUR/AUD Daily Outlook

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19/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6688; (P) 0.6716; (R1) 0.6734; More… Break of 0.6713 resistance turned support indicates short term topping at 0.6798, on bearish divergence condition in 4H MACD. Intraday bias is back on the downside for 38.2% retracement of 0.6361 to 0.6798 at 0.6631. Strong rebound would be seen there to bring rebound. On the […]
19/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8809; (P) 0.8860; (R1) 0.8892; More…. Intraday bias in USD/CHF stays on the downside for the moment. Rise from 0.8332 could have completed at 0.9223, ahead of 0.9243 key resistance. Further decline would be seen to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. For now, risk will stay on the […]
22/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.74; (P) 148.28; (R1) 148.71; More… Intraday bias in USD/JPY remains neutral for consolidation below 148.79 temporary top. Further rally is expected as long as 145.97 resistance turned support holds. Corrective all from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from there for retesting 151.89/93 […]