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Daily Pivots: (S1) 0.6592; (P) 0.6603; (R1) 0.6617; More… AUD/USD is staying in range below 0.6713 and intraday bias stays neutral. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance next. However, sustained break of 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) will dampen […]

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16/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3109; (P) 1.3133; (R1) 1.3152; More… Intraday bias in GBP/USD remains neutral for the moment and consolidation from 1.3265 might still extend. On the downside, break of 1.3000 will bring deeper correction to 55 D EMA (now at 1.2968) and possibly below. On the upside, firm break of 1.3265 resistance will resume […]
18/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3743; (P) 1.3790; (R1) 1.3821; More… A temporary top was formed at 1.3845 in USD/CAD after hitting 100% projection of 1.3176 to 1.3540 from 1.3477 at 1.3841. Intraday bias is mildly on the downside for pull back to 55 4H EMA (now at 1.3711). But downside should be contained by 1.3660 support […]
08/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8590; (P) 0.8613; (R1) 0.8625; More… Intraday bias in EUR/GBP stays on the downside for the moment. Deeper decline should be seen to 0.8548 support first. Firm break there will target 0.8491 low next. On the upside, above 0.8638 minor resistance will turn intraday bias neutral first. But risk will stay on […]