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Daily Pivots: (S1) 155.29; (P) 155.63; (R1) 156.02; More… No change in USD/JPY’s outlook and intraday bias stays neutral. Price actions from 160.20 are seen as a corrective pattern. On the upside, break of 156.78 will resume the rise from 151.86, as the second leg, to retest 160.20 high. On the downside, below 153.59 will […]

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EUR/USD Mid-Day Outlook

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AUD/USD Daily Report

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26/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0812; (P) 1.0827; (R1) 1.0852; More… Intraday bias in EUR/USD stays neutral for the moment, with consolidations from 1.0801 extending. Risk will stay on the downside as long as 55 4H EMA (now at 1.0862) holds. Below 1.0801 will resume the fall from 1.0980 to retest 1.0694 first. Break there will resume […]
17/03/2024

AUD/USD Weekly Report

AUD/USD’s fall from 0.6666 extended last week and confirm short term topping. Initial bias remains on the downside for 0.6476 support first. Break there will argue that decline from 0.6870 is ready to resume through 0.6442 low. On the upside, break of 0.6629 minor resistance will turn bias back to the upside to extend the […]
15/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 171.26; (P) 172.35; (R1) 173.23; More… EUR/JPY’s pull back from 175.41 short term top could extend lower. But downside should be contained by 170.87 and bring rebound, to set the range for consolidations. However, firm break of 170.87 will argue that larger correction is already underway and target 167.52 and possibly below. […]