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Daily Pivots: (S1) 0.6769; (P) 0.6811; (R1) 0.6835; More… Intraday bias in AUD/USD remains on the downside for the moment. Fall from 0.6941 short term top is in progress for 55 D EMA (now at 0.6744). Sustained break there should confirm rejection by 0.6941 fibonacci level, and bring deeper decline to 0.6621 support. On the […]

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EUR/USD Daily Outlook

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03/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0736; (P) 1.0758; (R1) 1.0790; More… Intraday bias in EUR/USD is turned neutral with current recovery and some consolidation would be seen first. But risk will stay on the downside as long as 1.0834 support turned resistance holds, in case of recovery. Below 1.0723 will bring retest of 1.0694 support first. Decisive […]
29/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.51; (P) 153.20; (R1) 153.98; More… Intraday bias in USD/JPY remains on the upside as rise from 139.57 is in progress. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. On the downside, below 151.44 minor support will turn intraday bias neutral […]
31/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6577; (P) 0.6601; (R1) 0.6626; More… AUD/USD dips notably today but still stays in range of 0.6524/6639. Intraday bias remains neutral and further fall is still expected. On the downside, firm break of 0.6524 support will argue that whole rebound from 0.6269 has completed, and bring deeper fall to this support. On […]