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Daily Pivots: (S1) 1.3436; (P) 1.3498; (R1) 1.3533; More… Intraday bias in GBP/USD remains mildly on the downside at this point. Fall from 1.3725 is seen as the third leg of the corrective pattern from 1.3787 high. Further fall should be seen to 1.3332 support first. Break there will bring deeper fall to 1.3140. On […]

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EUR/USD Daily Outlook

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02/03/2024

USD/JPY Weekly Outlook

USD/JPY dipped to 149.20 last week but quickly recovered. Initial bias remains neutral this week first. On the upside, break of 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. On the other hand, considering bearish divergence condition in 4H MACD, firm break of 149.20 will confirm short term topping at 150.87. […]
18/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6742; (P) 0.6755; (R1) 0.6770; More… Intraday bias in AUD/USD stays neutral for the moment. On the upside, decisive break of 0.6766 resistance should confirm that corrective pullback from 0.6823 has completed at 0.6621 already. Intraday bias will be turned to the upside to resume the rally from 0.6348 through 0.6823, and […]
17/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0666; (P) 1.0705; (R1) 1.0743; More…. Intraday bias in EUR/USD remains on downside for the moment. Fall from 1.0915 is seen as another leg in the larger corrective pattern. Deeper decline would be seen to 1.0601 low first. Firm break there will target channel support at 1.0510 next. On the upside, above […]