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Daily Pivots: (S1) 1.1090; (P) 1.1112; (R1) 1.1151; More…. Intraday bias in EUR/USD remains on the upside for the moment. Firm break of 1.1138 resistance will target 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232. On the downside, below 1.1071 minor support will turn intraday bias neutral and bring consolidations first. But outlook […]

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USD/CAD Daily Outlook

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09/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2468; (P) 1.2497; (R1) 1.2525; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. Further rally is in favor with 1.2471 support intact. On the upside, above 1.2633 will resume the rebound from 1.2298 to 1.2708 resistance next. However, firm break of firm break of 1.2471 will indicate that this […]
20/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 197.03; (P) 197.45; (R1) 198.10; More… Intraday bias in GBP/JPY stays on the upside at this point. Rise from 191.34, as the second leg of the corrective pattern from 200.53, should target this high next. On the downside, firm break of 195.02 will argue that the third leg has started, and target […]
09/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6480; (P) 1.6640; (R1) 1.6723; More… Intraday bias in EUR/AUD remains neutral at this point. While deeper retreat cannot be ruled out, outlook will remain bullish as long as 1.6474 support holds. On the upside, above 1.6798 minor resistance will turn bias back to the upside for retesting 1.7180. Firm break there […]