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Daily Pivots: (S1) 143.49; (P) 144.17; (R1) 145.42; More… Intraday bias in USD/JPY remains on the upside at this point. Rebound from 139.57 is in progress for 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 retesting 139.57 instead. In the bigger […]

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EUR/USD Mid-Day Outlook

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AUD/USD Daily Report

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23/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8304; (P) 0.8326; (R1) 0.8337; More… No change in EUR/GBP outlook. As long as 0.8433 resistance holds, current down trend is still in progress for 0.8201 key support next. Strong support could be seen from there to bring rebound. But for now, break of 0.8433 resistance is needed to indicate short term […]
03/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8648; (P) 0.8668; (R1) 0.8690; More… Intraday bias in EUR/GBP is turned neutral again as it recovered after brief dip to 0.8644. On the downside, firm break of 0.8644 will suggest that rebound from 0.8548 has completed at 0.8713 already. Deeper fall should be seen to retest 0.8548 support. On the upside, […]
19/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 140.89; (P) 141.80; (R1) 143.16; More… USD/JPY’s break of 143.03 resistance suggests short term bottoming at 139.57, on bullish convergence condition in 4H MACD. That also came just ahead of 139.26 fibonacci level. Intraday bias is back on the upside for stronger rebound to 55 D EMA (now at 147.58), and possibly […]