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Daily Pivots: (S1) 180.22; (P) 184.11; (R1) 188.11; More… GBP/JPY recovered after diving to 180.00 and intraday bias is turned neutral first. Some consolidations would be seen but upside should be limited by 193.23 resistance to bring another fall. Break of 180.00 will resume the decline from 208.09 to 178.32 support next. In the bigger […]

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24/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8891; (P) 0.8908; (R1) 0.8930; More… Intraday bias in USD/CHF stays mildly on the upside for the moment. Rebound from 0.8819 short term bottom could extend to 55 D EMA (now at 0.8967) and possibly above. But still, break of 0.9049 resistance is needed to confirm that fall from 0.9223 has completed. […]
09/03/2024

AUD/USD Weekly Report

AUD/USD’s rebound from 0.6442 resumed last week and hit as high as 0.6666. Initial bias remains mildly on the upside this week for 61.8% retracement of 0.6877 to 0.6442 at 0.6707 next. Sustained trading above there will argue rise from 0.6442 is probably resuming whole rally from 0.6269. Nevertheless, rejection by 0.6707, followed by sustained […]
06/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.26; (P) 192.03; (R1) 192.72; More.. Intraday bias in GBP/JPY is turned neutral first with current recovery. On the upside, break of 55 4H EMA will bring stronger rebound back toward 197.40 resistance. On the downside, below 191.34 will resume the correction from 200.53. Sustained trading below 55 D EMA (now at […]