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Daily Pivots: (S1) 1.3786; (P) 1.3801; (R1) 1.3824; More… Intraday bias in USD/CAD remains on the upside for retesting 1.3845 high. Decisive break there will resume whole rally from 1.3176. Next target is 61.8% projection of 1.3176 to 1.3845 from 1.3588 at 1.4025. On the downside, below 1.3777 minor support will turn intraday bias neutral […]

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18/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3709; (P) 1.3736; (R1) 1.3752; More… Intraday bias in USD/CAD stays neutral as range trading continues. Corrective fall from 1.3845 should have completed already. Further rally is expected as long as 1.3662 support holds. Break of 1.3790 will target a retest on 1.3845 first. Nevertheless, break of 1.3662 will turn bias to […]
16/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8937; (P) 0.8955; (R1) 0.8975; More… Intraday bias in USD/CHF stays neutral first. Another fall is mildly in favor with 0.9000 resistance intact. Below 0.8914 will bring retest of 0.8825 low. However, break of 0.9000 will turn bias back to the upside for 0.9049 resistance instead. In the bigger picture, with 0.9243 […]
30/11/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8631; (P) 0.8647; (R1) 0.8657; More…. EUR/GBP’s break of 0.8648 support argues that corrective rebound from 0.8491 has completed at 0.8764 already. Intraday bias is now on the downside for 0.8614 support first. Firm break there will target a retest on 0.8491 low. On the upside, above 0.8682 minor resistance will turn […]