AUD/USD Daily Report

Daily Pivots: (S1) 0.8413; (P) 0.8452; (R1) 0.8472; More… USD/CHF is still bounded in range of 0.8374/8548 and intraday bias remains neutral. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, break of 0.8548 resistance will confirm short […]

Daily Pivots: (S1) 0.6575; (P) 0.6610; (R1) 0.6632; More… Intraday bias in AUD/USD remains neutral and consolidations would continue below 0.6645. Further rise is in favor as long as 55 4H EMA (now at 0.6560) holds. Above 0.6645 will resume the rebound from 0.6361. On the downside, however, firm break of 55 4H EMA will […]

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) […]