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Daily Pivots: (S1) 1.4322; (P) 1.4348; (R1) 1.4381; More… Intraday bias in USD/CAD remains neutral for the moment as range trading continues. Overall, price actions from 1.4791 are seen as a corrective pattern. On the upside, break of 1.4541 will extend the second leg from 1.4150 to retest 1.4791 high. On the downside, break of […]

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AUD/USD Daily Report

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19/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3145; (P) 1.3221; (R1) 1.3290; More… GBP/USD’s breach of 1.3265 resistance suggests that larger rally is resuming. Intraday bias is mildly on the upside at this point, and further rise should be seen to 1.3364 projection level next. On the downside, however, break of 1.3145 support will turn bias to the downside […]
29/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0531; (P) 1.0551; (R1) 1.0575; More… Intraday bias in EUR/USD remains neutral and further decline is still in favor with 1.0609 resistance intact. On the downside, break of 1.0330 will resume the fall from 1.1213. Also, sustained trading below 1.0404 key fibonacci level will carry larger bearish implication. Nevertheless, firm break of […]
02/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 172.78; (P) 173.22; (R1) 173.85; More… Intraday bias in EUR/JPY remains on the upside. Current up trend should target 100% projection of 164.01 to 170.87 from 167.52 at 174.38. On the downside, below 171.36 minor support will turn intraday bias neutral and bring consolidations first. But outlook will remain bullish as long […]