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Daily Pivots: (S1) 1.3150; (P) 1.3168; (R1) 1.3199; More… Intraday bias in GBP/USD remains neutral as it’s still bounded in consolidations below 1.3265. While another retreat cannot be ruled out, downside should be contained above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to 100% projection […]

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GBP/USD Daily Outlook

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03/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3485; (P) 1.3495; (R1) 1.3505; More… Intraday bias in USD/CAD remains neutral at this point. Some more consolidations would be seen above 1.3439, and stronger recovery cannot be ruled out. But further decline is expected as long as 1.3617 resistance holds. Break of 1.3439 and sustained trading below 61.8% retracement of 1.3091 […]
26/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6490; (P) 0.6515; (R1) 0.6543; More… Intraday bias in AUD/USD remains on the upside for the moment. Sustained break of 55 D EMA (now at 0.6527) will argue that fall from 0.6870 has completed, and bring further rally to 0.6643 resistance next. On the downside, though, break of 0.6464 minor support will […]
13/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6555; (P) 1.6589; (R1) 1.6635; More… EUR/AUD is staying in sideway trading in tight range and intraday bias stays neutral. Outlook will remain bullish with 1.6474 support intact. On the upside, above 1.6798 minor resistance will bring retest of 1.7180 resistance first. Firm break there will resume larger up trend to 1.7715 […]