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Daily Pivots: (S1) 1.7922; (P) 1.7962; (R1) 1.8006; More… Intraday bias in EUR/AUD remains mildly on the upside at this point. Correction from 1.8094 should have completed with three waves down to 1.7671. Further rally should be seen to 1.8094 first. Break there will resume the rally from 1.7245 to 61.8% projection of 1.7245 to […]

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03/02/2025

AUD/USD Daily Report

Daily Pivots: (S1) 0.6189; (P) 0.6226; (R1) 0.6249; More… AUD/USD’s fall from 0.6941 resumed by breaking through 0.6130 support today. Intraday bias is back on the downside fro 61.8% projection of 0.6687 to 0.6130 from 0.6329 at 0.5985 next. For now, outlook will stay bearish as long as 0.6329 resistance holds, in case of recovery. […]
23/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.48; (P) 162.97; (R1) 163.44; More… Intraday bias in EUR/JPY remains on the upside, as rise from 153.15 is in progress for retesting 164.29 high. Decisive break there will confirm larger up trend resumption. On the downside, however, below 161.93 minor support will turn intraday bias neutral and bring consolidations, before staging […]
22/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.18; (P) 169.56; (R1) 169.90; More… Further rally remains in favor in EUR/JPY despite loss of upside momentum. Rise form 164.01, as the second leg of the corrective pattern from 171.58, would target 61.8% projection of 164.01 to 169.38 from 167.31 at 170.62. On the downside, break of 167.31 support should turn […]