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Daily Pivots: (S1) 1.3814; (P) 1.3839; (R1) 1.3861; More… Rise from 1.3418 is still in progress in USD/CAD despite loss of upside moment as seen in 4H MACD. Next target is 1.3946/76 key resistance zone. Strong resistance might be seen there to limit upside. However, break of 1.3746 support will confirm short term topping, and […]

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USD/CAD Mid-Day Outlook

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EUR/USD Daily Outlook

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19/10/2024

EUR/GBP Weekly Outlook

EUR/GBP’s down trend resumed by breaking through 0.8309 last week. Initial bias remains on the downside this week for 0.8201 key support next. Strong support could be seen from there to break rebound. But for now, break of 0.8433 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of […]
23/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6479; (P) 1.6556; (R1) 1.6597; More… Intraday bias in EUR/AUD remains neutral at this point. For now, further rally will remain mildly in favor as long as 1.6368 support holds. Corrective fall from 1.6742 could have completed with three waves down to 1.6368. Above 1.6678 will target a retest on 1.6742 resistance […]
05/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 154.13; (P) 155.31; (R1) 156.07; More…. Intraday bias in USD/JPY remains neutral for the moment. Risk will stay on the downside as long as 157.70 resistance holds. Fall from there is seen as the third leg of the corrective pattern from 160.20. On the downside, break of 154.53 will target 153.59 support […]