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Daily Pivots: (S1) 148.34; (P) 148.75; (R1) 149.47; More… Intraday bias in USD/JPY remains on the upside for the moment. Corrective fall from 150.87 should have completed at 146.47, after drawing support from 38.2% retracement of 140.25 to 150.87 at 146.81. Further rally should be seen to 150.87/89 key resistance zone. Nevertheless, on the downside, […]

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AUD/USD Daily Report

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EUR/USD Mid-Day Outlook

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10/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2471; (P) 1.2499; (R1) 1.2552; More… Intraday bias in GBP/USD stays neutral for the moment. Strong bounce from current level will retain near term bullishness. Further break of 1.2633 will resume the rebound from 1.2298 to 1.2708 resistance next. However, firm break of firm break of 1.2445 will indicate that this rebound […]
26/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3633; (P) 1.3657; (R1) 1.3682; More… Further decline is expected in USD/CAD as long as 1.3717 minor resistance holds. Corrective pattern from 1.3845 is now in the third leg. Deeper decline would be seen to 1.3589 support. Break there will target 100% projection of 1.3845 to 1.3589 from 1.3790 at 1.3534. In […]
27/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6343; (P) 1.6374; (R1) 1.6394; More… Intraday bias in EUR/AUD is turned neutral first with current retreat. On the downside, break of 1.6322 minor support will indicate rejection by 55 D EMA (now at 1.6408). Deeper fall would be seen to retest 1.6211. Firm break there will resume the whole decline from […]