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Daily Pivots: (S1) 189.67; (P) 191.07; (R1) 192.15; More.. Intraday bias in GBP/JPY remains neutral for the moment. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. Nevertheless, decisive break of 190.02 will indicate that it’s at least correcting the rise from 178.32, and target 38.2% retracement of […]

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03/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6083; (P) 1.6131; (R1) 1.6166; More… EUR/AUD is still extending the consolidation from 1.5996 and intraday bias remains neutral. With 1.6211 support turned resistance intact, outlook remains bearish. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target 1.5846 […]
22/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3703; (P) 1.3725; (R1) 1.3752; More… Intraday bias in USD/CAD remains on the upside for the moment. Corrective pattern from 1.3845 might have completed with three waves to 1.3588, after hitting 38.2% retracement of 1.3716 to 1.3845 at 1.3589. Further rise should be seen to 1.3790 resistance first. Firm break there will […]
24/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6625; (P) 0.6648; (R1) 0.6663; More… No change in AUD/USD’s outlook as consolidation from 0.6713 is still extending. 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 resistance […]