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Daily Pivots: (S1) 0.6500; (P) 0.6514; (R1) 0.6528; More… AUD/USD lost momentum after rebounding to 0.6540 and intraday bias is turned neutral first. Price actions from 0.6624 are seen as a corrective pattern. Above 0.6540 will extend the rebound from 0.6418 to rest 0.66624 high. On the downside, firm break of 0.6449 support will suggest […]

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AUD/USD Daily Report

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26/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.48; (P) 153.40; (R1) 154.86; More… Intraday bias in USD/JPY remains neutral as consolidations continue above 151.93 temporary low. Risk will stay on the downside as long as 155.36 support turned resistance holds. Decisive break of 151.89 resistance turned support will argue that large scale correction is underway to 148.66 fibonacci level. […]
29/04/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.53; (P) 191.04; (R1) 191.43; More… Further rise remains mildly in favor in GBP/JPY as long as 189.28 minor support holds. Rebound from 184.35 would target 195.95 resistance next. However, break of 189.28 will suggest that the rebound has completed and turn bias back to the downside. In the bigger picture, price […]
27/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.21; (P) 144.71; (R1) 145.31; More… USD/JPY’s break of 142.89 minor support suggests that recovery fro 139.57 has completed at 146.48 already. Intraday bias is back on the downside for 139.57 low. Strong support is still expected from 139.26 to contain downside to bring another rebound. But decisive break there will carry […]