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Daily Pivots: (S1) 0.6848; (P) 0.6892; (R1) 0.6926; More… A temporary top was formed at 0.6941 with current retreat and intraday bias in AUD/USD is turned neutral first. Further rally is expected as long as 0.6823 resistance turned support holds. Above 0.6941 will resume the rally from 0.6348 to 100% projection of 0.6348 to 0.6823 […]

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29/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0816; (P) 1.0851; (R1) 1.0889; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0812. Further decline is mildly in favor as long as 1.0931 resistance holds. On the downside, break of 1.0812 will resume the fall from 1.1138 to 1.0722 support. On the upside, above 1.0931 […]
18/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.29; (P) 156.95; (R1) 157.84; More… USD/JPY’s fall from 161.94 is seen as correcting whole rally from 140.25. Deeper decline is expected as long as 158.85 resistance holds, to 38.2% retracement of 140.25 to 161.94 at 163.65. On the upside, above 158.85 resistance will turn bias back to the upside for stronger […]
22/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.90; (P) 161.38; (R1) 161.95; More… Intraday bias in EUR/JPY is turned neutral with a temporary top formed at 161.84. Some consolidations could be seen first. But even in case of deep retreat, further rally is expected as long as 158.55 resistance turned support holds. On the upside, break of 161.84 will […]