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Daily Pivots: (S1) 1.0833; (P) 1.0847; (R1) 1.0874; More… Intraday bias in EUR/USD is back on the upside with break of 1.0875 resistance. Rise from 1.0723 would now target 1.0941 resistance first. On the downside, though, below 1.0848 minor support will turn intraday bias neutral gain. In the bigger picture, price actions from 1.1274 are […]

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EUR/USD Daily Outlook

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13/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3063; (P) 1.3095; (R1) 1.3159; More… Intraday bias in GBP/USD is turned neutral first with current recovery. On the upside, firm break of 1.3265 resistance will resume larger rally to 1.3364 projection next. Nevertheless, break of 1.3000 will extend the correction from 1.3265 to 55 D EMA (now at 1.2962) and possibly […]
23/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.55; (P) 164.82; (R1) 165.25; More… Range trading continues in EUR/JPY and intraday bias stays neutral. Consolidation from 165.33 could extend further. On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. However, decisive break of 162.59 will argue that it’s at least correcting the […]
28/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6634; (P) 0.6654; (R1) 0.6667; More… AUD/USD is still extending sideway consolidation from 0.6713 and intraday bias remains neutral. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 […]