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Daily Pivots: (S1) 0.6375; (P) 0.6420; (R1) 0.6445; More… Intraday bias in AUD/USD remains neutral for the moment. On the upside, above 0.6511 will resume the rise from 0.5913 to 61.8% retracement of 0.6941 to 0.5913 at 0.6548. However, considering bearish divergence condition in 4H MACD, break of 0.6364 support should confirm short term topping. […]

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06/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6564; (P) 0.6606; (R1) 0.6651; More… Intraday bias in AUD/USD stays on the upside for the moment. Fall from 0.6870 could have completed with three waves down to 0.6361. Further rally would be seen to 100% projection of 0.6361 to 0.6585 from 0.6464 at 0.6688 next. On the downside, below 0.6567 minor […]
25/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8539; (P) 0.8551; (R1) 0.8565; More… EUR/GBP’s decline is still in progress despite loss of downside momentum. Intraday bias stays on the downside. Current fall from 0.8713 is part of the larger down trend. Deeper decline should be seen to 0.8491 low, and then 0.8464 projection level. On the upside, above 0.8591 […]
15/04/2025

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3831; (P) 1.3871; (R1) 1.3913; More… Intraday bias in USD/CAD is turned neutral first with current recovery. Some consolidations would be seen above 1.3827 temporary low. But outlook will stay bearish as long as 1.4150 support turned resistance holds. Below 1.3827 will resume the fall from 1.4791 to 100% projection of 1.4791 […]