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Daily Pivots: (S1) 1.0749; (P) 1.0801; (R1) 1.0837; More… EUR/USD’s rally from 1.0176 resumed after brief retreat, and intraday bias is back on the upside for 161.8% projection of 1.0176 to 1.0531 from 1.0358 at 1.0932 next. On the downside, below 1.0764 minor support will turn bias neutral and bring consolidations. But downside of retreat […]

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USD/JPY Mid-Day Outlook

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EUR/AUD Weekly Outlook

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17/02/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.83; (P) 152.49; (R1) 152.96; More… Intraday bias in USD/JPY remains neutral with focus on 38.2% retracement of 139.57 to 158.86 at 151.4. Strong rebound from there will maintain near term bullishness. On the upside, break of 154.79 will revive the case that correction from 158.86 has completed at 150.29. Further rise […]
03/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6492; (P) 0.6508; (R1) 0.6534; More…. Intraday bias in AUD/USD is turned neutral again with current recovery. For now, risk will stay on the downside as long as 0.6538 minor resistance holds. Below 0.6480 will target 0.6442 support. Firm break there will resume whole decline from 0.6870 and target 61.8% projection of […]
29/02/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2626; (P) 1.2657; (R1) 1.2693; More… No change in GBP/USD’s outlook as range trading continues. Intraday bias remains neutral at this point. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of […]