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Daily Pivots: (S1) 147.51; (P) 148.35; (R1) 149.10; More… USD/JPY is still extending consolidation from 146.52 and intraday bias remains neutral at this point. Upside of recovery should be limited by 150.92 support turned resistance. On the downside, sustained trading below 61.8% retracement of 139.57 to 158.86 at 146.32 will pave the way to 139.57 […]

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22/01/2025

AUD/USD Daily Report

Daily Pivots: (S1) 0.6224; (P) 0.6257; (R1) 0.6305; More… Intraday bias in AUD/USD stays neutral for the moment. With 0.6301 resistance intact, consolidations from 0.6130 should be relatively brief, and further decline is expected. Break of 0.6130 will resume the fall from 0.6941. However, firm break of 0.6310 will turn bias back to the upside […]
02/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.33; (P) 151.55; (R1) 151.88; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 150.25 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 149.35). Nevertheless, sustained break of 151.93 key resistance will confirm long term […]
03/12/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6441; (P) 0.6478; (R1) 0.6514; More… AUD/USD is staying in range above 0.6433 despite this week’s dip. Intraday bias remains neutral first, and further decline is expected with 0.6549 resistance intact. On the downside, break of 0.6433 will resume whole decline from 0.6941, and target 0.6348 support next. However, firm break of […]