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Daily Pivots: (S1) 147.45; (P) 147.98; (R1) 148.39; More… USD/JPY’s rebound lost momentum after hitting 148.51 and intraday bias is turned neutral again. On the downside, below 146.61 will resume the fall from 150.90. Further break of 145.84 support will suggests that whole rebound from 139.87 has completed at 150.90, and turn outlook bearish. On […]

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AUD/USD Daily Report

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EUR/USD Daily Outlook

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05/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9274; (P) 0.9303; (R1) 0.9334; More… EUR/USD is staying in consolidation from 0.9252 and intraday bias remains neutral. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will In the bigger picture, medium term outlook remains […]
16/11/2024

AUD/USD Weekly Report

AUD/USD’s fall from 0.6491 resumed last week. Initial bias stays on the downside this week for 61.8% projection of 0.6941 to 0.6511 from 0.6687 at 0.6421. Firm break there will target 100% projection at 0.6257 next. On the upside, above 0.6511 support turned resistance will turn intraday bias neutral and bring consolidations first. But outlook […]
12/10/2024

EUR/JPY Weekly Outlook

EUR/JPY stayed in range of 158.09/163.47 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, firm break of 163.47/86 resistance will resume the rebound from 154.40 to 61.8% retracement of 175.41 to 154.40 at 167.38. On the downside, break of 158.09 will bring deeper fall back to 154.40/155.14 […]