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Daily Pivots: (S1) 1.0894; (P) 1.0922; (R1) 1.0975; More… EUR/USD’s rally from 1.0694 resumed after brief retreat and intraday bias is back on the upside. Further rally should be seen to retest 1.1138 resistance next. On the downside, below 1.0867 minor support will turn intraday bias neutral and bring consolidations first. In the bigger picture, […]

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AUD/USD Daily Report

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USD/JPY Mid-Day Outlook

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AUD/USD Daily Report

Daily Pivots: (S1) 0.6580; (P) 0.6602; (R1) 0.6643; More… AUD/USD’s rebound extends to as high as 0.6629 so far today, breaking 38.2% retracement of 0.6877 to 0.6442 at 0.6605. Current upside acceleration as seen in 4H MACD indicates that further rally is underway. Intraday bias stays on the upside for 61.8% retracement at 0.6707 next. […]
29/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3196; (P) 1.3216; (R1) 1.3249; More… Intraday bias in USD/CAD is turned neutral first with current recovery. On the downside, break of 1.3176 will resume the fall from 1.3897 to 1.3091 support and possibly below. Nevertheless, considering bullish convergence condition in 4H MACD, break of 1.3284 will indicate short term bottoming, and […]
17/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.93; (P) 158.39; (R1) 158.88; More… USD/JPY’s fall from 161.94 resumed by breaking through 157.16 support and intraday bias is back on the downside. Current decline is seen as correcting whole rally from 140.25. Sustained trading below 55 D EMA (now at 157.72) will bring deeper correction to 38.2% retracement of 140.25 […]