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Daily Pivots: (S1) 147.35; (P) 147.82; (R1) 148.43; More… No change in USD/JPY’s outlook and intraday bias stays neutral for the moment. Current development suggests that rise from 139.87 might still be in progress. On the upside, break of 149.12 will bring stronger rally to retest 150.90 high. However, break of 145.47 will resume the […]

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EUR/USD Daily Outlook

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31/10/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6541; (P) 0.6568; (R1) 0.6600; More… A temporary low was formed at 0.6536 with current recovery and intraday bias is turned neutral first. Further decline is expected as long as 55 D EMA (now at 0.6700) holds. On the downside, sustained break of 61.8% retracement of 0.6269 to 0.6941 at 0.6526 will […]
16/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0934; (P) 1.0951; (R1) 1.0968; More… EUR/USD’s fall from 1.1138 short term top is trying to resume be breaching 1.0876. Intraday bias is back on the downside for 1.0722 support. Sustained break there will argue that whole rise from 1.0447 has completed, and target this low. For now, risk will stay on […]
19/10/2024

EUR/JPY Weekly Outlook

EUR/JPY edged higher last week but failed to break through 163.86 resistance. Initial bias remains neutral this week first. On the upside, firm break of 163.86 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 161.00 minor support will turn bias back to […]