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Daily Pivots: (S1) 1.2498; (P) 1.2530; (R1) 1.2559; More… GBP/USD recovers mildly today but stays in range of 1.2474/2810. Intraday bias remains neutral for the moment. While another recovery cannot be ruled out, outlook will stay bearish as long as 1.2810 resistance holds. On the downside, break of 1.2474 will resume the fall from 1.3433 […]

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AUD/USD Daily Report

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15/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.91; (P) 195.31; (R1) 195.99; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. 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, break of 189.54 will […]
01/11/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.72; (P) 165.71; (R1) 166.47; More…. Intraday bias in EUR/JPY stays neutral for consolidations below 166.67 temporary top. Further rally is in favor as long as 55 D EMA (now at 162.92) holds. Sustained break of 61.8% retracement of 175.41 to 154.40 at 167.38 will pave the way to retest 175.41 high. […]
14/11/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6462; (P) 0.6504; (R1) 0.6528; More… AUD/USD’s fall from 0.6941 resumed by breaking through 0.6511 support and intraday bias is back on the downside. Further decline should now be seen to 0.6269/6348 support zone next. For now, near term outlook will stay bearish as long as 0.6687 resistance holds, in case of […]