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Daily Pivots: (S1) 0.6530; (P) 0.6559; (R1) 0.6575; More… Intraday bias in AUD/USD remains neutral and more consolidations would be seen below 0.6594. Further rise is expected as long as 0.6484 support holds. Above 0.6594 will resume the rally from 0.5913 and target 0.6713 fibonacci level. In the bigger picture, there is no clear sign […]

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USD/JPY Daily Outlook

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31/08/2024

GBP/USD Weekly Outlook

GBP/USD edged higher to 1.3265 last week but retreated since then. Initial bias remains neutral this week for more consolidations first. Further rally is expected as long as 1.3043 resistance turned support holds. Break of 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. In the bigger […]
29/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3814; (P) 1.3831; (R1) 1.3856; More… Intraday bias in USD/CAD remains neutral for consolidations below 1.3848 temporary top. Further rally is expected as long as 55 4H EMA (now at 1.3762) holds. Decisive break of 1.3845 will resume whole rally from 1.3176. Next target is 61.8% projection of 1.3176 to 1.3845 from […]
27/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6459; (P) 1.6486; (R1) 1.6513; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for confirmation. Nevertheless, below […]