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Daily Pivots: (S1) 152.80; (P) 153.33; (R1) 153.92; More… Intraday bias in USD/JPY is turned neutral first as consolidation from 153.87 is extending. Further rally is expected as long as 55 D EMA (now at 148.69) holds. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 […]

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11/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2800; (P) 1.2825; (R1) 1.2872; More… GBP/USD’s break of 1.2859 suggest that rise from 1.2298 is resuming. Intraday bias is back on the upside for 61.8% projection of 1.2298 to 1.2859 from 1.2612 at 1.2959. On the downside, break of 1.2777 minor support will turn intraday bias neutral again first. In the […]
11/11/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8283; (P) 0.8305; (R1) 0.8317; More… Intraday bias in EUR/GBP remains on the downside as larger down trend is resuming. Next near term target is 61.8% projection of 0.8624 to 0.8294 from 0.8446 at 0.8242. Break there will target 0.8201 key support. On the upside, above 0.8339 minor resistance will turn intraday […]
18/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6407; (P) 0.6427; (R1) 0.6454; More… A temporary low is formed at 0.6388 in AUD/USD with current recovery and some consolidations would be seen. But upside should be limited by 0.6492 minor resistance. Below 0.6388 should resume larger fall from 0.6870 through 61.8% projection of 0.6870 to 0.6442 from 0.6643 at 0.6378 […]