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Daily Pivots: (S1) 1.0838; (P) 1.0875; (R1) 1.0922; More… EUR/USD’s fall from 1.1016 is in progress and intraday bias remains on the downside. Deeper decline would be seen to 55 D EMA (now at 1.0766). On the upside, above 1.0912 minor resistance will turn intraday bias neutral again first. Further break of 1.1016 will resume […]

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11/04/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0692; (P) 1.0779; (R1) 1.0830; More… Intraday bias in EUR/USD remains on the downside at this point. Decisive break of 1.0694/0723 support zone will resume whole fall from 1.1138. Next target is 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536. On the upside, above 1.0766 minor resistance will turn intraday […]
05/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 154.13; (P) 155.31; (R1) 156.07; More…. Intraday bias in USD/JPY is turned neutral first as it recovered after dipping to 154.53. But risk will stay on the downside as long as 157.70 resistance holds. Fall from there is seen as the third leg of the corrective pattern from 160.20. On the downside, […]
19/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6628; (P) 0.6650; (R1) 0.6691; More… Intraday bias in AUD/USD remains on the upside as rise from 0.6348 is in progress. Further rally would be seen to retest 0.6798 resistance next. On the downside, below 0.6569 minor support will turn bias to the downside for retreat. In the bigger picture, overall, price […]