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Daily Pivots: (S1) 1.0906; (P) 1.0936; (R1) 1.0961; More… EUR/USD continues to trade sideway above 1.0876 and intraday bias stays neutral for the moment. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 support next. However, break of 1.0997 will turn bias back to the upside for […]

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17/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 154.15; (P) 154.84; (R1) 156.08; More… Intraday bias in USD/JPY remains neutral for the moment. Price actions from 160.20 are seen as a corrective pattern. ON the upside break of 156.78 will resume the rise from 151.86, as the second leg, to retest 160.20 high. On the downside, below 153.59 will target […]
02/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6739; (P) 0.6778; (R1) 0.6803; More… AUD/USD is extending the consolidation pattern from 0.6823 and intraday bias remains neutral. On the upside, break of 0.6823 will target 0.6870 resistance. Firm break there will target 100% projection of 0.6269 to 0.6870 from 0.6348 at 0.6949. However, break of 0.6696 support will indicate short […]
29/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6515; (P) 0.6535; (R1) 0.6554; More… Intraday bias in AUD/USD remains on the upside as rise from 0.6361 short term bottom is in progress. Fall from 0.6870 might have completed at 0.6361 already. Further rally would be seen to 0.6643 resistance next. On the downside, below 0.6516 minor support will turn intraday […]