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Daily Pivots: (S1) 150.28; (P) 150.52; (R1) 150.76; More… USD/JPY is staying in range below 150.87 and intraday bias remains neutral. In case of another retreat, downside should be contained by 148.79 resistance turned support to bring rebound. On the upside, break of 150.87 will resume 140.25 to 151.89/93 key resistance zone. Decisive break there […]

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EUR/AUD Daily Outlook

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17/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0843; (P) 1.0872; (R1) 1.0891; More…. Intraday bias in EUR/USD stays on the downside as fall from 1.1213 is in progress. This decline is seen as the third leg of the corrective pattern from 1.1274. Deeper fall would be seen to 61.8% retracement of 1.0447 to 1.1213 at 1.0740 next. On the […]
19/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8533; (P) 0.8548; (R1) 0.8556; More… No change in EUR/GBP’s outlook as range trading continues. Intraday bias remains neutral. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. However, firm break of 0.8577 will turn bias back to the upside […]
16/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6576; (P) 0.6606; (R1) 0.6640; More… Intraday bias in AUD/USD stays neutral as consolidations continue below 0.6642 temporary top. Further rally is expected as long as 0.6506 support holds. Above 0.6442 will extend the rebound from 0.6348 to 0.6798 resistance next. In the bigger picture, overall, price actions from 0.6169 (2022 low) […]