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Daily Pivots: (S1) 1.3323; (P) 1.3348; (R1) 1.3377; More… USSD/CAD’s rebound from 1.3176 short term bottom is still in progress. Intraday bias stays on the upside for 38.2% retracement of 1.3897 to 1.3176 at 1.3451. On the downside, break of 1.3264 minor support will turn bias back to the downside for retesting 1.3176 low instead. […]

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18/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8536; (P) 0.8544; (R1) 0.8558; More… Range trading continues in EUR/GBP and intraday bias remains neutral. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. However, firm break of 0.8577 will turn bias back to the upside for stronger rebound. […]
21/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2633; (P) 1.2679; (R1) 1.2704; More… Intraday bias in GBP/USD remains neutral for the moment. While consolidation from 1.2656 could extend, risk will stay on the downside as long as 1.2859 resistance holds. Firm break of 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 […]
26/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1130; (P) 1.1165; (R1) 1.1229; More…. Intraday bias sin EUR/USD remains on the upside at this point. Current rally should target 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232, and then 1.1274 high. On the downside, below 1.1097 minor support will turn intraday bias neutral and bring consolidations first. In […]