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Daily Pivots: (S1) 146.85; (P) 147.44; (R1) 148.27; More… USD/JPY is staying in range between 146.47 and 148.29 and intraday bias remains neutral. On the downside, sustained break of 38.2% retracement of 140.25 to 150.87 at 146.81 will argue that fall from 150.87 is reversing the whole rally from 140.25. In this case, deeper decline […]

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EUR/USD Daily Outlook

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11/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.02; (P) 164.51; (R1) 165.01; More… Intraday bias in EUR/JPY remains neutral at this point. Consolidation from 165.33 is possibly extending with another falling leg, and deeper decline could be seen. But outlook stays bullish as long as 162.59 support holds. On the upside, firm break of 165.33 will resume larger up […]
30/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6526; (P) 0.6547; (R1) 0.6570; More… AUD/USD is staying in consolidation above 0.6513 and intraday bias remains neutral. Further decline is expected as long as 55 4H EMA (now at 0.6608) holds. On the downside, sustained break of 61.8% retracement of 0.6361 to 0.6798 at 0.6528 will resume the fall from 0.6798 […]
16/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9101; (P) 0.9126; (R1) 0.9141; More…. Intraday bias in USD/CHF remains neutral and more consolidations could be seen. But further rally is expected as long as 0.8996 support holds. Firm break of 0.9151 will target 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.9268. In the bigger picture, price actions from […]