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Daily Pivots: (S1) 1.0789; (P) 1.0810; (R1) 1.0848; More… Intraday bias in EUR/USD is turned neutral with a temporary low formed at 1.0760. Further decline is expected as long as 1.0871 resistance holds. Below 1.0760 will resume the fall from 1.1213 to 1.0601 support next. However, considering bullish convergence condition in 4H MACD, break of […]

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USD/JPY Daily Outlook

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15/10/2024

USD/CAD Mid-Day Outlook

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 […]
10/08/2024

GBP/JPY Weekly Outlook

GBP/JPY rebounded after initial dive to 180.00 last week. While further rise cannot be ruled out, outlook will stay bearish as long as 38.2% retracement of 208.09 to 180.00 at 190.73 holds. On the downside, below 184.46 minor support will turn intraday bias back to the downside for retesting 180.00 low. Break there will resume […]
21/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6558; (P) 1.6607; (R1) 1.6634; More… EUR/AUD reversed after hitting 1.6677 and intraday bias is turned neutral first. Near term outlook will stay cautiously bullish as long as 1.6439 support holds. On the upside, above 1.6677 will target 1.6742 first. Decisive break there will resume whole rise from 1.6127 and target 1.6844 […]