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Daily Pivots: (S1) 1.0791; (P) 1.0804; (R1) 1.0825; More…. EUR/USD’s rebound from 1.0665 is still in progress and intraday bias stays on the upside. Further rally would be seen to 1.0915 resistance next. On the downside, below 1.0775 minor support will turn intraday bias neutral first. In the bigger picture, price actions from 1.1274 are […]

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GBP/USD Daily Outlook

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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 […]
11/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8440; (P) 0.8456; (R1) 0.8472; More… Intraday bias in EUR/GBP stays on the downside at this point. Current down trend should target 0.8376 projection level next. On the upside, above 0.8482 support turned resistance will turn intraday bias neutral and bring consolidations first, before staging another decline. In the bigger picture, down […]
11/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3591; (P) 1.3647; (R1) 1.3738; More… Intraday bias in USD/CAD remains on the upside for the moment. Firm break of channel resistance would prompt upside acceleration, and extend the rally from 1.3176 to 1.3897 resistance next. For now, further rally will remain in favor as long as 1.3554 support holds, in case […]