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Daily Pivots: (S1) 0.5987; (P) 0.6081; (R1) 0.6249; More… AUD/USD’s rebound from 0.5913 extended higher, and it’s now pressing 55 4H EMA (now at 0.6146). Sustained trading above there will should confirm short term bottoming, and bring stronger rebound towards 0.6388 resistance. Nevertheless, rejection by the EMA, followed by break of 0.6057 minor support will […]

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15/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.91; (P) 195.31; (R1) 195.99; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. Sustained break there will target 208.09 high. On the downside, break of 189.54 will […]
04/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6650; (P) 0.6672; (R1) 0.6712; More…. Range trading continues in AUD/USD and intraday bias remains neutral for the moment. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 […]
17/04/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.02; (P) 188.34; (R1) 189.11; More… Intraday bias in GBP/JPY stays neutral for the moment,, and more consolidations would be seen above 184.35. Risk will remain on the downside as long as 190.06 resistance holds. Below 184.35 will target 180.00 low. Nevertheless, break of 190.06 will turn bias back to the upside […]