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Daily Pivots: (S1) 1.3585; (P) 1.3602; (R1) 1.3632; More… Intraday bias in USD/CAD remains neutral with focus on 1.3588 structural support. Strong support could be seen there to bring reversal. On the upside, above 1.3640 minor resistance will turn intraday bias back to the upside for stronger rebound. However, decisive break of 1.3588 will argue […]

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02/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6639; (P) 0.6664; (R1) 0.6684; More… No change in AUD/USD’s outlook as sideway consolidation continues below 0.6713. Intraday bias remains neutral for the moment. 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 […]
02/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 179.07; (P) 179.80; (R1) 180.30; More… Intraday bias in GBP/JPY stays neutral as range trading continues. Further decline is expected as long as 184.15 resistance holds. On the downside, break of will resume the decline from 188.63 and target 38.2% retracement of 148.93 to 188.63 at 173.46. However, decisive break of 184.15 […]
30/11/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.24; (P) 161.75; (R1) 162.00; More…. EUR/JPY is extending the corrective fall from 164.29 and intraday bias remains on the downside. Deeper decline would be seen to 100% projection of 164.29 tot 161.22 from 163.77 at 160.63 and possibly below. But strong support should be seen from 159.75 resistance turned support to […]