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Daily Pivots: (S1) 193.63; (P) 194.47; (R1) 195.24; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. Sustained break there will target 208.09 high. On the downside, below 192.87 minor support will […]

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25/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6490; (P) 0.6534; (R1) 0.6558; More…. Focus stays on 0.6503 support in AUD/USD. Decisive break there will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside for 0.6442 low. For now, risk will stay on the downside as long as 0.6633 resistance holds, in case […]
30/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6454; (P) 1.6484; (R1) 1.6536; More… Intraday bias in EUR/AUD remains neutral at this point. Further rally is expected as long as 1.6398 support holds. Corrective fall from 1.7062 should have completed with three waves down to 1.6127 already. Above 1.6671 will target 1.6844 resistance to confirm this bullish case. However, break […]
28/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.12; (P) 191.02; (R1) 191.79; More… Intraday bias in GBP/JPY remains neutral as consolidation from 191.99 is still extending. On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, firm break of 187.84 […]