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Daily Pivots: (S1) 1.3403; (P) 1.3453; (R1) 1.3478; More… Intraday bias in USD/CAD remains neutral at this point, and some more consolidations could be seen below 1.3540. But further rally is expected as long as 1.3342 minor support holds. Fall from 1.3897 should have completed at 1.3716. Break of 1.3540w ill target 1.3617 cluster resistance […]

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07/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0747; (P) 1.0776; (R1) 1.0792; More… Intraday bias in EUR/USD stays on the downside for the moment, as fall from 1.1016 short term top is in progress. Sustained break of 55 D EMA (now at 1.0770) will pave the way to retest 1.0447 support. On the upside, above 1.0804 minor resistance will […]
19/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6195; (P) 1.6240; (R1) 1.6291; More… EUR/AUD’s rebound from 1.5996 lost momentum after hitting 1.6282. Intraday bias is turned neutral first. Further rise is in favor as long as 1.6171 minor support holds. Correction from 1.7062 might have completed with three waves down to 1.5996, after hitting 1.6000 fibonacci support. Above 1.6282 […]
29/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.84; (P) 144.44; (R1) 145.19; More… No change in USD/JPY’s outlook. Further decline is still in favor in USD/JPY with 146.47 resistance intact, to retest 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. On the upside, above 146.47 minor resistance will turn intraday bias […]