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Daily Pivots: (S1) 1.4217; (P) 1.4244; (R1) 1.4272; More… Intraday bias in USD/CAD stays on the upside for the moment. Current up trend is in progress for 1.4391 projection level. On the downside, break of 1.4242 minor support will turn intraday bias neutral again first, and bring deeper pull back to channel support (now at […]

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05/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6621; (P) 0.6660; (R1) 0.6689; More…. No change in AUD/USD’s outlook as consolidation continues below 0.6713. As long as 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) holds, further rally remains in favor. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance […]
14/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 154.70; (P) 156.09; (R1) 156.79; More.. EUR/JPY’s break of 155.98 minor support suggests that recovery from 153.15 has completed at 157.67 already. Intraday bias is back on the downside for retesting 153.15 first. Firm break there will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. For […]
22/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6730; (P) 0.6745; (R1) 0.6760; More… A temporary top should be in place at 0.6760 in AUD/USD with 4H MACD crossed below signal line. Intraday bias is turned neutral for consolidations first. Downside of retreat should be contained by 55 4H EMA (now at 0.6664) to bring rebound. Above 0.6760 will target […]