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Daily Pivots: (S1) 1.3463; (P) 1.3495; (R1) 1.3522; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, break of 1.3419 and sustained trading below 1.3439 support will argue that rebound from 1.3176 has completed as a corrective move to 1.3605. Near term outlook will be turned bearish for 1.3357 support first. […]

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05/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8588; (P) 0.8634; (R1) 0.8716; More…. Intraday bias in USD/CHF remains neutral for the moment. On the upside, above 0.8727 will resume the rebound from 0.8332, and target 61.8% retracement of 0.9243 to 0.8332 at 0.8995. On the downside, below 0.8550 will resume the fall from 0.8727 for 0.8487 support. In the […]
23/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1085; (P) 1.1125; (R1) 1.1152; More…. Intraday bias in EUR/USD remains neutral as consolidation continues below 1.1173 temporary top. Further rally is expected as long as 1.1046 resistance turned support holds. Above 1.1173 will target 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232. However, break of 1.1046 will indicate short […]
09/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2693; (P) 1.2722; (R1) 1.2780; More… Intraday bias in GBP/USD is turned neutral first with current recovery. Another fall is in favor as long as 1.2839 resistance holds. Below 1.2664 will target 1.2612 support. Decisive break there should confirm that rise from 1.2298 has completed, and target this support next. However, break […]