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Daily Pivots: (S1) 1.0799; (P) 1.0811; (R1) 1.0833; More… EUR/USD retreated after brief rise to 1.0887 and intraday bias is turned neutral first. On the upside, break of 1.0887 will affirm the case that fall from 1.1138 has completed, and target this resistance. However, break of 1.0761 will turn bias back to the downside for […]

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27/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6801; (P) 0.6815; (R1) 0.6837; More… AUD/USD’s rally from 0.6269 continues today and hits as high as 0.6839 so far. Intraday bias remains on the upside for 0.6894 resistance first. Sustained break there will target 0.7156 next. On the downside, below 0.6772 minor support will turn intraday bias neutral first. But outlook […]
12/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.80; (P) 192.19; (R1) 192.81; More….. Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Consolidation from 193.51 is extending but further rally is expected as long as 190.02 support holds. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. On the downside, though, […]
01/12/2023

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3532; (P) 1.3579; (R1) 1.3606; More… Intraday bias in USD/CAD remains on the downside at this point. Current fall from 1.3897 is in progress, and should target 1.3378 support next. On the upside, though, above 1.3625 minor resistance will turn intraday bias neutral again first. In the bigger picture, corrective pattern from […]