Daily Pivots: (S1) 1.2851; (P) 1.2866; (R1) 1.2883; More… Intraday bias in GBP/USD remains neutral for the moment and outlook is unchanged. As long as 1.2859 resistance turned support holds, further rally is in favor. Break of 1.3043 will resume the rise from 1.2298. However, firm break of 1.2859 will turn bias to the downside […]
May 14, 2024
AUD/USD Daily Report
Daily Pivots: (S1) 0.6586; (P) 0.6608; (R1) 0.6629; More… Intraday bias in AUD/USD stays neutral at this point. Further rally is expected as long as 0.6557 support holds. Break of 0.6645 will will resume the rebound from 0.6361. On the downside, however, firm break of 0.6557 will bring deeper fall back to 0.6464 support instead. […]
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