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Daily Pivots: (S1) 160.85; (P) 161.18; (R1) 161.63; More… USD/JPY is still staying in range below 161.95 and intraday bias remains neutral. Further rally is expected with 160.25 minor support intact. On the upside, break of 161.94 will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. Nevertheless, break […]

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AUD/USD Daily Report

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18/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6715; (P) 0.6735; (R1) 0.6749; More… Intraday bias in AUD/USD remains neutral for the moment. Further rally is expected as long as 0.6709 minor support holds. On the upside, above 0.6798 will resume the rally from 0.6361 and target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. Decisive break there […]
24/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0669; (P) 1.0695; (R1) 1.0719; More…. Intraday bias in EUR/USD remains neutral first and consolidation from 1.0667 could extend. But further fall is expected with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Break of 1.0667 will target 1.0601 and below. In the bigger […]
30/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2816; (P) 1.2852; (R1) 1.2898; More… Intraday bias in GBP/USD stays on the downside as fall from 1.3043 is in progress. Decisive break of 55 D EMA (now at 1.2779) will suggest that rise from 1.2298 has completed with three waves up to 1.3043 Deeper fall would be seen to 1.2612 support […]