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Daily Pivots: (S1) 151.30; (P) 152.07; (R1) 152.58; More… Intraday bias in USD/JPY is turned neutral as a temporary top was formed at 153.17, ahead of 61.8% retracement of 161.94 to 139.57 at 153.39. Considering bearish divergence condition in 4H MACD, break of 151.18 will indicate short term topping, and turn bias to the downside […]

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03/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1050; (P) 1.1064; (R1) 1.1086; More…. Intraday bias in EUR/USD remains neutral for the moment. While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1104 minor resistance will bring retest of 1.1200 first. Break there will target […]
02/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6278; (P) 1.6320; (R1) 1.6372; More… Intraday bias in EUR/AUD remains neutral for consolidations above 1.6256 temporary low. But further decline would remain in favor as long as 1.6580 resistance holds. Below 1.6256 will resume the fall from 1.7180, and target 1.5996 key support level next. In the bigger picture, outlook is […]
16/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6207; (P) 1.6237; (R1) 1.6275; More… Intraday bias in EUR/AUD is turned neutral with current recovery. On the downside, below 1.6185 will bring deeper fall to retest 1.6002 low. On the upside, however, above 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 to 1.6002 at 1.6452. In the bigger […]