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Daily Pivots: (S1) 1.0744; (P) 1.0781; (R1) 1.0825; More…. Intraday bias in EUR/USD remains on the upside for the moment. Pullback from 1.0915 should have completed at 1.0665. Further rally would be seen to 1.0915 resistance next. For now, risk will stay on the upside as long as 1.0709 support holds, in case of retreat. […]

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USD/CAD Daily Outlook

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02/12/2023

USD/CAD Weekly Outlook

USD/CAD’s decline from 1.3897 extend to as low as 1.3486 last week and there is no sign of bottoming yet. Initial bias stays on the downside this week for 1.3378 support next, which is close to 61.8% retracement of 1.3091 to 1.3897 at 1.3399. Strong support could be seen there to bring rebound. Meanwhile, on […]
15/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2396; (P) 1.2481; (R1) 1.2535; More… Intraday bias in GBP/USD remains on the downside at this point. Current fall from 1.2892 is in progress for 100% projection of 1.2892 to 1.2538 from 1.2708 at 1.2354. Firm break there will target 161.8% projection at 1.2207 next. On the upside, above 1.2510 minor resistance […]
29/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2851; (P) 1.2866; (R1) 1.2883; More… GBP/USD’s fall from 1.3043 extends lower today and intraday bias is back on the downside with break of 1.2859 resistance turned support. Decisive break of 55 D EMA (now at 1.2776) will suggest that rise from 1.2298 has completed with three waves up to 1.3043 Deeper […]