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Daily Pivots: (S1) 1.3050; (P) 1.3166; (R1) 1.3241; More… Intraday bias in GBP/USD remains on the downside as pullback from 1.3433 short term top is progress. Deeper decline would be seen, but strong support is expected from 1.3000 cluster (38.2% retracement of 1.2298 to 1.3433 at 1.2999 to bring rebound. On the upside, above 1.3174 […]

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EUR/AUD Weekly Outlook

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06/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6627; (P) 0.6646; (R1) 0.6666; More…. Range trading continues in AUD/USD and intraday bias remains neutral at this point. As long as 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) holds, further rally remains in favor. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 […]
10/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2645; (P) 1.2677; (R1) 1.2709; More… Intraday bias in GBP/USD stays mildly on the upside at this point. Rebound from 1.2538 is in progress for 1.2802 resistance first. On the downside, though, below 1.2648 minor support will turn intraday bias neutral again. In the bigger picture, price actions from 1.3141 medium term […]
19/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.33; (P) 147.92; (R1) 148.75; More… Intraday bias in USD/JPY is turned neutral first with 4H MACD crossed below signal line. Some consolidations would be seen first. But retreat should be contained above 144.34 support to bring another rally. Break of 148.51 temporary top will resume the rise from 140.25 to retest […]