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Daily Pivots: (S1) 1.0877; (P) 1.0888; (R1) 1.0908; More… EUR/USD is extending the consolidation from 1.0843 temporary low, and intraday bias stays neutral. Further decline is expected as long as 1.0995 resistance holds. Below 1.0843 will target 1.0722 support next. Decisive break there will argue that whole rise from 1.0447 has completed, and target this […]

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15/02/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6460; (P) 0.6478; (R1) 0.6510; More… Intraday bias in AUD/USD is turned neutral with current recovery, and some consolidations would be seen first. But outlook will remain bearish as long as 0.6621 resistance holds. Below 0.6442 will resume the fall from 0.6870 to 61.8% projection of 0.6870 to 0.6524 from 0.6621 at […]
05/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8446; (P) 0.8482; (R1) 0.8502; More… Intraday bias in USD/CHF stays neutral and outlook is unchanged. With 0.8540 resistance intact, further decline is expected. On the downside, break of 0.8339 will resume the fall from 0.9223 and target 0.8332 low. However, considering bullish convergence condition in 4H MACD, firm break of 0.8540 […]
16/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 140.08; (P) 140.99; (R1) 141.69; More… Outlook in USD/JPY is unchanged and intraday bias stays on the downside. Some support could be seen from 139.26 fibonacci level to bring rebound. But outlook will remain bearish as long as 143.03 resistance holds. Decisive break of 139.26 would carry larger bearish implications, and target […]