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Daily Pivots: (S1) 1.2640; (P) 1.2702; (R1) 1.2748; More… Intraday bias in GBP/USD remains mildly on the downside. Fall from 1.2859 short term top would target 1.2633 resistance turned support first. Firm break there will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. For now, risk will be on the […]

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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 […]
14/02/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2604; (P) 1.2630; (R1) 1.2653; More… Despite spiking higher to 1.2691, GBP/USD quickly retreated. Intraday bias stays neutral for the moment. On the upside, firm break of 1.2691 resistance will affirm the case that correction from 1.2826 has completed at 1.2517, after drawing support from 1.2499. Intraday bias will be back on […]
11/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3051; (P) 1.3079; (R1) 1.3109; More… Intraday bias in GBP/USD remains neutral as range trading continues below 1.3265. Further rise is expected with 1.3043 resistance turned support intact. On the upside, firm break of 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. However, […]