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Daily Pivots: (S1) 1.4217; (P) 1.4244; (R1) 1.4272; More… Canadian Dollar edged up slightly in early US session and intraday bias remains on the upside. Current up trend should target 1.4391 projection level. On the downside, break of 1.4208 minor support will turn intraday bias neutral again first, and bring deeper pull back to channel […]

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AUD/USD Daily Report

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27/11/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.17; (P) 161.64; (R1) 162.30; More…. EUR/JPY’s fall from 166.67 continues today and intraday bias stays on the downside. As noted before, corrective rebound from 154.40 could have completed with three waves up to 166.67. Deeper decline would be seen to 155.14 support next. On the upside, above 162.10 resistance will turn […]
10/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6583; (P) 0.6603; (R1) 0.6639; More… Intraday bias in AUD/USD remains neutral for the moment. Further rise is in favor as long as 55 4H EMA (now at 0.6570) holds. Above 0.6645 will resume the rebound from 0.6361. On the downside, however, firm break of 55 4H EMA will bring deeper fall […]
22/03/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0830; (P) 1.0886; (R1) 1.0917; More… Intraday bias in EUR/USD is back on the downside with current steep fall and break of 1.0834 support. Sustained trading below 55 D EMA (now at 1.0861) will argue that rebound from 1.0694 has completed and bring retest of this low. For now, risk will stay […]