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What are the Daily pivots in AUD/USD?

Daily Pivots: (S1) 0.6559; (P) 0.6576; (R1) 0.6601; More… Intraday bias in AUD/USD remains on the upside for the moment. Current rally from 0.6269 should extend to channel resistance (now at 0.6665). Sustained break there will pave the way to 0.6894 resistance next.

How to calculate pip value?

Choose your account currency;it can be in USD, EUR, CAD, or any other. Use the current exchange rate for the currency pair. Lastly, Click on calculate; the pip value will appear below. Pip Value = (pip value in decimal places × trade size in units)/exchange rate.

Is intraday bias still on the upside in AUD/USD?

Intraday bias in AUD/USD remains on the upside for the moment. Current rally from 0.6269 should extend to channel resistance (now at 0.6665). Sustained break there will pave the way to 0.6894 resistance next. On the downside, below 0.6585 minor support will turn intraday bias neutral and bring consolidations first.

What is a pip movement in EUR/USD & AUD/JPY?

In a EUR/USD at 1.230 ( 4 )4. (4) is a pip and the last digit is a pipette. If you take position on EUR/USD and it moves from 1.230 ( 4 )4 to 1.230 ( 5 )4. It has moved 1 pip, (5 – 4). In AUD/JPY, a movement from 89.6 ( 2 )5 to 89.6 ( 3 )5 is 1 pip movement.

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