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Daily Pivots: (S1) 1.1073; (P) 1.1121; (R1) 1.1158; More…. No change in EUR/USD’s outlook as range trading continues. Intraday bias remains neutral. Further rally is expected as long as 1.1001 support holds. On the upside, above 1.1200 will target 1.1274 high. Firm break there will resume larger up trend. However, firm break of 1.1001 will […]

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EUR/AUD Daily Outlook

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25/05/2024

USD/CAD Weekly Outlook

USD/CAD rebounded strong last week but reversed after hitting 1.3742. Initial bias is turned neutral this week first. Break 1.3742 will affirm the case that correction from 1.3845 has completed at 1.3589. Further rally would then be seen to retest 1.3845 high. However, sustained trading below 55 D EMA (now at 1.3635) will argue that […]
07/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6480; (P) 0.6511; (R1) 0.6549; More… AUD/USD is still capped by 0.6567 resistance and intraday bias remains neutral for the moment. Further fall is also in favor. On the downside, below 0.6472 minor support will turn bias back to the downside for retesting 0.6348 low. Nevertheless, strong break of 0.6567 will bring […]
09/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 193.27; (P) 193.83; (R1) 194.76; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. On the downside, break of 189.54 will turn bias back to the downside for 183.70 […]