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Daily Pivots: (S1) 156.23; (P) 156.96; (R1) 157.54; More… Focus stays on 156.57 minor support in USD/JPY. Decisive break there will confirm short term topping at 157.70, on bearish divergence condition in 4 H MACD. Intraday bias will be back on the downside for 153.59 support. Firm break there will target 151.86 and below as […]

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AUD/USD Daily Report

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USD/JPY Mid-Day Outlook

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08/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.63; (P) 144.80; (R1) 145.80; More… Intraday bias in USD/JPY stays neutral at this point. On the upside, above 145.97 will resume the rebound from 140.25. But upside should be limited by 61.8% retracement of 151.89 to 140.25 at 147.44. On the downside, below 143.17 minor support will turn bias back to […]
06/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9435; (P) 0.9452; (R1) 0.9465; More… Intraday bias in EUR/CHF remains on the downside despite some loss of downside momentum. Retest of 0.9407/16 support zone should be seen. Decisive break there will resume larger down trend. On the upside, above 0.9467 minor resistance will delay the bearish case and turn intraday bias […]
21/01/2024

EUR/GBP Weekly Outlook

EUR/GBP’s decline from 0.8713 extended to 0.8554 last week but recovered ahead of 0.8548 support. Initial bias remains neutral and some consolidations could be seen first. Deeper fall is expected as long as 0.8619 resistance holds. Firm break of 0.8548 will indicate that larger down trend is ready to resume through 0.8491 low. However, break […]