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Daily Pivots: (S1) 1.3536; (P) 1.3569; (R1) 1.3593; More… Intraday bias in USD/CAD remains neutral as consolidations continue below 1.3605 temporary top. Further rally is expected as long as 1.3439 support holds. Break of 1.3605 will resume the rise from 1.3176 and target 100% projection of 1.3176 to 1.3540 from 1.3357 at 1.3721 next. In […]

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11/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8491; (P) 0.8520; (R1) 0.8536; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. Nevertheless, firm break of 0.8577 will turn bias back to the upside for stronger rebound. In […]
05/08/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2729; (P) 1.2784; (R1) 1.2861; More… Range trading continues in GBP/USD and intraday bias stays neutral for the moment. Further decline is in favor with 1.2863 resistance intact. On the downside, below 1.2706 will target 1.2612 support first. Decisive break there should confirm that rise from 1.2298 has completed. However, break of […]
15/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8795; (P) 0.8819; (R1) 0.8862; More…. Intraday bias in USD/CHF remains mildly on the upside at this point. Consolidation from 0.8884 could have completed with three waves to 0.8728. Further rise should be seen to retest 0.8891 resistance first. Firm break there will resume whole rise from 0.8332. Next target is 61.8% […]