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Daily Pivots: (S1) 0.6455; (P) 0.6478; (R1) 0.6519; More… Intraday bias in AUD/USD stays mildly on the upside for the moment. Rebound from 0.5913 is in progress for 61.8% retracement of 0.6941 to 0.5913 at 0.6548. On the downside, though, break of 0.6364 support will indicate short term topping, and turn bias to the downside […]

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USD/JPY Daily Outlook

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18/12/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0469; (P) 1.0501; (R1) 1.0524; More… No change in EUR/USD’s outlook as sideway trading continues in tight range. Intraday bias stays neutral at this point. Corrective pattern from 1.0330 might extend further. But outlook will stay bearish as long as 55 D EMA (now at 1.0668) holds. On the downside, below 1.0452 […]
09/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0736; (P) 1.0747; (R1) 1.0759; More… Intraday bias in EUR/USD stays neutral and outlook is unchanged. Further rally is expected as long as 55 4H EMA (now at 1.0733) holds. On the upside, above 1.0810 will resume the rebound from 1.0601 to 1.0884 resistance next. However, firm break of 55 4H EMA […]
14/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.81; (P) 188.67; (R1) 189.74; More… Intraday bias in GBP/JPY remains neutral for the moment. Outlook remains bearish with 38.2% retracement of 208.09 to 180.00 at 190.73 intact. On the downside, below 186.46 minor support will turn intraday bias back to the downside for retesting 180.00 low. Break there will resume the […]