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Daily Pivots: (S1) 191.00; (P) 191.31; (R1) 191.95; More….. Intraday bias in GBP/JPY remains neutral and more consolidations could be seen below 193.51./ On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. On the downside, though, break of 190.02 will turn bias to the downside for 187.94 support […]

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24/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2884; (P) 1.2911; (R1) 1.2935; More… Range trading continues in GBP/USD and intraday bias stays neutral. Further rally is expected for with 1.2859 resistance turned support intact. Break of 1.3043 will resume the rise from 1.2298 and target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly above […]
19/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3678; (P) 1.3698; (R1) 1.3727; More… USD/CAD’s rebound from 1.3588 resumed by breaking 1.3707 temporary top and intraday bias back on the upside. Outlook is unchanged that corrective pattern from 1.3845 might have completed with three waves to 1.3588, after hitting 38.2% retracement of 1.3716 to 1.3845 at 1.3589 twice. Further rise […]
08/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0813; (P) 1.0827; (R1) 1.0854; More…. Intraday bias in EUR/USD remains on the upside, as rise from 1.0665 is in progress for retesting 1.0915 resistance. Firm break there will target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0919 next. On the downside, below 1.0802 minor support will turn intraday bias […]