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Daily Pivots: (S1) 0.6471; (P) 0.6486; (R1) 0.6512; More… AUD/USD is staying in sideway consolidations and intraday bias remains neutral. Further decline is expected as long as 0.6687 resistance holds. On the downside, decisive break of 61.8% projection of 0.6941 to 0.6511 from 0.6687 at 0.6421 will resume the fall from 0.6941 to 100% projection […]

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02/02/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6527; (P) 0.6553; (R1) 0.6598; More… AUD/USD recovered quickly after breaching 0.6524 support and intraday bias stays neutral. On the downside, decisive break of 0.6524 argue that whole rebound from 0.6269 has completed, and bring deeper fall to this support. However, considering bullish convergence condition in 4H MACD, firm break of 0.6623 […]
22/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.66; (P) 150.27; (R1) 151.46; More… Intraday bias in USD/JPY remains on the upside, as rise from 139.57 is in progress. Next target is 61.8% retracement of 161.94 to 139.57 at 153.39. On the downside, below 149.08 minor support will turn intraday bias neutral again. But still, further rally is in favor […]
28/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 150.91; (P) 151.44; (R1) 151.85; More… Range trading continues in USD/JPY and intraday bias stays neutral. On the downside, break of 150.25 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 149.01). Nevertheless, sustained break of 151.93 key resistance will confirm long […]