AUD/USD Weekly Report

Daily Pivots: (S1) 0.6505; (P) 0.6543; (R1) 0.6573; More… Intraday bias in AUD/USD remains neutral for the moment. On the upside, above 0.6597 minor resistance will turn bias back to the upside for 0.6687 first. Firm break there will target 61.8% retracement of 0.6941 to 0.6511 at 0.6777. On the downside, break of 0.6511 will […]

Daily Pivots: (S1) 144.21; (P) 144.71; (R1) 145.31; More… USD/JPY reversed after edging higher to 146.68 and intraday bias is turned neutral first. Further rise would remain in favor as long as 142.89 minor support holds. Above 146.48 will extend the rebound from 139.57 to 38.2% retracement of 161.94 to 139.57 at 148.11. On the […]

Daily Pivots: (S1) 0.8485; (P) 0.8529; (R1) 0.8556; More… Intraday bias in USD/CHF remains neutral as consolidation continues above 0.8431 low. While further recovery cannot be ruled out, upside should be limited by 0.8711 resistance to bring another fall. On the downside, below 0.8431 will resume the decline from 0.9223 to retest 0.8332 low. In […]