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Daily Pivots: (S1) 1.3768; (P) 1.3786; (R1) 1.3816; More… Intraday bias in USD/CAD remains on the upside as rise from 1.3418 is in progress. Next target is a test on 1.3946/76 key resistance zone. On the downside, 1.3769 minor support will turn intraday bias neutral first. But further rally will be expected as long as […]

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29/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.37; (P) 168.38; (R1) 170.30; More… EUR/JPY’s steep retreat indicates short term topping at 171.58 already. Intraday bias is turned neutral for some consolidations first. But outlook will remain bullish as long as 165.33 resistance turned support holds. Above 171.58 will resume larger up trend to 178.39 projection level next. In the […]
16/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0783; (P) 1.0804; (R1) 1.0842; More… Intraday bias in EUR/USD remains on the upside for the moment. Current rise from 1.0601 is in progress for 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed already. On the downside, below 1.0833 minor support will turn intraday bias neutral […]
29/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3417; (P) 1.3450; (R1) 1.3486; More… Intraday bias in USD/CAD remains neutral for consolidations below 1.3540. Further rally is in favor as long as 1.3414 support holds. Fall from 1.3897 should have completed at 1.3716. Break of 1.3540 will target 1.3617 cluster resistance (61.8% retracement of 1.3897 to 1.3176 at 1.3622). Decisive […]