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Daily Pivots: (S1) 195.80; (P) 196.80; (R1) 197.66; More… Intraday bias in GBP/JPY is turned neutral again with current retreat. On the upside, break of 199.79 will resume whole rebound from 180.00. However, firm break of 193.54 will extend the fall from 199.79 to 183.70 support instead. In the bigger picture, price actions from 208.09 […]

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07/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6480; (P) 0.6511; (R1) 0.6549; More… AUD/USD is still capped by 0.6567 resistance and intraday bias remains neutral for the moment. Further fall is also in favor. On the downside, below 0.6472 minor support will turn bias back to the downside for retesting 0.6348 low. Nevertheless, strong break of 0.6567 will bring […]
12/10/2024

AUD/USD Weekly Report

AUD/USD’s fall from 0.6941 short term top extended to 0.6701 last week but recovered since then. Initial bias stays neutral this week first. On the downside, break of 0.6701 and sustained trading below 55 D EMA (now at 0.6743) should confirm rejection by 0.6941 fibonacci level. Intraday bias will be back on the downside for […]
06/11/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8372; (P) 0.8387; (R1) 0.8395; More… Intraday bias in EUR/GBP remains neutral first, and outlook stays bearish with 0.8446 resistance intact. On the downside, break of 0.8294 low will resume larger down trend to 0.8201 key support next. On the upside, break of 0.8446 will resume the rebound from 0.8294 short term […]