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Daily Pivots: (S1) 1.3349; (P) 1.3382; (R1) 1.3423; More… Further rise remains in favor in USD/CAD, and rebound from 1.3176 would target 38.2% retracement of 1.3897 to 1.3176 at 1.3451. Firm break there will pave the way to 61.8% retracement at 1.3622. On the downside, however, break of 1.3286 will turn bias back to the […]

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30/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6234; (P) 1.6319; (R1) 1.6379; More… EUR/AUD’s fall from 1.7180 is in progress and intraday bias stays on the downside for 1.5996 support. Strong support could be seen there to bring rebound. On the upside, above 1.6117 minor resistance will turn intraday bias remains neutral first. In the bigger picture, outlook is […]
14/02/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2604; (P) 1.2630; (R1) 1.2653; More… Despite spiking higher to 1.2691, GBP/USD quickly retreated. Intraday bias stays neutral for the moment. On the upside, firm break of 1.2691 resistance will affirm the case that correction from 1.2826 has completed at 1.2517, after drawing support from 1.2499. Intraday bias will be back on […]
12/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2711; (P) 1.2742; (R1) 1.2795; More… No change in GBP/USD’s outlook as range trading continues below 1.2826. On the upside, decisive break of 1.2826 high will resume whole rally from 1.2036. Nevertheless, break of 1.2611 will bring deeper correction to 1.2499 support instead. In the bigger picture, price actions from 1.3141 medium […]