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Daily Pivots: (S1) 143.49; (P) 144.17; (R1) 145.42; More… USD/JPY’s rebound from 139.57 short term bottom is still in progress and intraday bias stays on the upside. Further rally would be seen to 38.2% retracement of 161.94 to 139.57 at 148.11. On the downside, below 142.89 minor support will turn bias to the downside for […]

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21/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6054; (P) 1.6085; (R1) 1.6110; More… Intraday bias in EUR/AUD remains on the downside for now, despite some loss of momentum as seen in 4H MACD. Current down trend should target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. On the upside, above 1.6125 minor resistance will turn intraday bias […]
05/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9643; (P) 0.9712; (R1) 0.9754; More…. EUR/CHF’s fall from 0.9928 extended lower last week and touched 38.2% retracement of 0.9252 to 0.9928 at 0.9670. Strong support is expected from this fibonacci level to bring rebound. Break of 0.9740 minor resistance will turn intraday bias back to the upside. Nevertheless, sustained break of […]
10/08/2024

AUD/USD Weekly Report

AUD/USD rebounded strongly after initial dive to 0.6348 last week. Initial bias is mildly on the upside this week for further rise. Sustained break of 55 D EMA (now at 0.6614) will target 0.6798 resistance. On the downside, break of 0.6506 minor support will indicate rejection by the 55 D EMA, and turn bias back […]