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Daily Pivots: (S1) 1.3663; (P) 1.3685; (R1) 1.3725; More… Intraday bias in USD/CAD is turned neutral with current rebound. Outlook is unchanged that corrective pattern from 1.3845 is still extending. Below 1.3626 will target 1.3589 cluster support. Nevertheless, break of 1.3717 will turn bias back to the upside for 1.3790 resistance instead. In the bigger […]

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GBP/USD Daily Outlook

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08/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.00; (P) 191.31; (R1) 191.95; More….. Intraday bias in GBP/JPY remains neutral and more consolidations could be seen below 193.51./ On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. On the downside, though, break of 190.02 will turn bias to the downside for 187.94 support […]
30/11/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0947; (P) 1.0982; (R1) 1.1004; More… While EUR/USD’s pull back from 1.1016 extends lower today, it’s holding well above 1.0851 support. Intraday bias remains neutral first, and further rally is still expected. On the upside, firm break of 1.1016 will resume the rise from 1.0447 to 1.1274 resistance next. But strong resistance […]
07/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2535; (P) 1.2565; (R1) 1.2591; More… Intraday bias in GBP/USD is turned neutral with current retreat and some consolidations could be seen. Further rise remains in favor as long as 1.2471 support holds. Above 1.2633 will resume the rebound from 1.2298 to 1.2708 resistance next. In the bigger picture, price actions from […]