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Daily Pivots: (S1) 140.50; (P) 141.16; (R1) 142.08; More… Intraday bias in USD/JPY remains on the downside for the moment. Current fall from 151.89 would target 136.63 fibonacci level. On the upside, above 142.84 minor resistance will turn intraday bias neutral gain. But recovery should be limited below 144.94 resistance to bring another decline. In […]

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USD/CAD Daily Outlook

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06/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3775; (P) 1.3861; (R1) 1.3913; More… Intraday bias in USD/CAD turned neutral with the current retreat. But further rise is expected as long as 1.3786 support holds. Break of 1.3946 will target 61.8% projection of 1.3176 to 1.3845 from 1.3588 at 1.4025 next. Nevertheless, firm break of 1.3786 will turn bias back […]
12/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6558; (P) 0.6581; (R1) 0.6596; More… Intraday bias in AUD/USD stays mildly on the upside as rise from 0.6348 is in favor to continue. Sustained break of 55 D EMA (now at 0.6612) will target 0.6798 resistance. On the downside, break of 0.6506 minor support will indicate rejection by the 55 D […]
15/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8554; (P) 0.8573; (R1) 0.8605; More…. Intraday bias in EUR/GBP is turned neutral first with current retreat, and more consolidations could be seen below 0.8624. But outlook stays bullish as long as 38.2% retracement of 0.8382 to 0.8624 at 0.8532 holds. Firm break of 0.8624 will resume the rally from 0.8382. However, […]