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Daily Pivots: (S1) 1.3449; (P) 1.3474; (R1) 1.3491; More… Intraday bias in USD/CAD stays neutral for the moment, and some more consolidations could be seen above 1.3418. But outlook will remain bearish as long as 1.3646 resistance holds. ON the downside, break of 1.3418 will resume the decline from 1.3946 to 61.8% projection of 1.3946 […]

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19/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6731; (P) 0.6776; (R1) 0.6808; More… Intraday bias in AUD/USD is back on the upside with break of 0.6766 resistance. Further break of 0.6823 will confirm resumption of rally from 06348. Next target is 61.8% projection of 0.6348 to 0.6823 from 0.6621 at 0.6915. On the downside, however, below 0.6691 will turn […]
13/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1028; (P) 1.1052; (R1) 1.1099; More…. Intraday bias in EUR/USD stays neutral at this point. Outlook stays bullish with 38.2% retracement of 1.0665 to 1.1200 at 1.0996 intact. Break of 1.1153 will suggest that larger rally is resuming through 1.1200 to 1.1274 key resistance. Nevertheless, sustained break of 1.0996 will indicate reversal […]
09/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 154.76; (P) 155.22; (R1) 155.96; More… Intraday bias in USD/JPY remains mildly on the upside as this point. Rebound from 151.86 is seen as the second leg of the corrective pattern from 160.20 high. Further rise would be seen to 157.98 resistance. On the downside, below 154.23 minor support will turn intraday […]