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Daily Pivots: (S1) 0.6251; (P) 0.6275; (R1) 0.6296; More… AUD/USD dips mildly today but stays above 0.6239 minor support. Intraday bas stays neutral first. With 0.6329 resistance intact, outlook will stay bearish. On the downside, break of 0.6239 minor support will turn bias back to the downside for retesting 0.6087 low. However, firm break of […]

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25/10/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6620; (P) 0.6641; (R1) 0.6660; More… Intraday bias in AUD/USD remains on the downside for the moment. Firm break of 0.6621 support should confirm near term bearish reversal after topping at 0.6941. Deeper decline should then be seen to 0.6348 support next. On the upside, above 0.6694 minor resistance will turn intraday […]
20/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.04; (P) 157.30; (R1) 159.22; More.. Intraday bias in EUR/JPY stays on the upside for the moment. Rebound from 153.15 should target 55 D EMA (now at 158.97). On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In the bigger […]
03/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 161.22; (P) 161.52; (R1) 161.76; More… USD/JPY’s rally continues today despite some loss of upside momentum. Intraday bias stays on the upside at this point. Current up trend should target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. On the downside, below 160.95 minor support will turn intraday bias neutral […]