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Daily Pivots: (S1) 157.87; (P) 159.39; (R1) 160.41; More…. Intraday bias in EUR/JPY remains neutral and outlook is unchanged. Corrective pattern from 154.40 might have completed with three waves to 163.47 already. Risk will stay mildly on the downside as long as 163.47 resistance holds. Below 158.09 will target 154.40/155.14 support zone. In the bigger […]

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AUD/USD Daily Report

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EUR/AUD Daily Outlook

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07/07/2024

AUD/USD Weekly Report

AUD/USD’s rally from 0.6361 resumed by breaking through 0.6713 resistance last week. Initial bias stays on the upside this week. Next target is 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. On the downside, below 0.6699 minor support will turn intraday bias neutral first. But, near term outlook will stay bullish as long […]
13/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2743; (P) 1.2769; (R1) 1.2790; More… GBP/USD’s rebound from 1.2664 extends higher today but stays below 1.2839 resistance. Intraday bias stays neutral for the moment. On the downside, break of 1.2664 will resume the fall from 1.3043 to 1.2612 support. Decisive break there should confirm that rise from 1.2298 has completed, and […]
12/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9329; (P) 0.9363; (R1) 0.9419; More…. A temporary low as formed at 0.9305 in EUR/CHF with current recovery and intraday bias is turned neutral for consolidations. Deeper decline is still expected with 0.9444 resistance intact. Below 0.9305 will resume the fall from 0.9579 to retest 0.9209 low. Nevertheless, firm break of 0.9444 […]