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Daily Pivots: (S1) 1.3256; (P) 1.3295; (R1) 1.3361; More… Intraday bias in USD/CAD remains mildly on the upside for the moment. Rebound from 1.3176 short term bottom should extend to 38.2% retracement of 1.3897 to 1.3176 at 1.3451. On the downside, break of 1.3176 is needed to confirm resumption of the fall from 1.3897. Otherwise, […]

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AUD/USD Daily Report

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15/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0876; (P) 1.0893; (R1) 1.0925; More…. Intraday bias in EUR/USD remains on the upside at this point. Decisive break of 1.0915 resistance will resume whole rise from 1.0601 to 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0979. On the downside, below 1.0859 minor support will turn intraday bias neutral first. […]
25/03/2024

AUD/USD Weekly Report

AUD/USD’s strong was rebound last week was capped below 0.6666 resistance, and followed by equally steep decline. Initial bias remains neutral this week first, with focus on 0.6503 support. Decisive break there will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside for 0.6442 low. For now, risk […]
15/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0876; (P) 1.0893; (R1) 1.0925; More…. No change in EUR/USD’s outlook and intraday bias remains on the upside for the moment. Decisive break of 1.0915 resistance will resume whole rise from 1.0601 to 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0979. On the downside, below 1.0859 minor support will turn […]