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Daily Pivots: (S1) 1.3556; (P) 1.3587; (R1) 1.3603; More… Intraday bias in USD/CAD is turned neutral again with current retreat. Some consolidations would be seen but further rally is still expected as long as 1.3477 support holds. Break of 1.3646 will resume the rise from 1.3716. Sustained break of channel resistance would prompt upside acceleration […]

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GBP/JPY Daily Outlook

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04/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2645; (P) 1.2680; (R1) 1.2747; More… GBP/USD is still bounded in consolidation from 1.2731 and intraday bias stays neutral. But further rally is expected as long as 1.2590 minor support holds. On the upside, decisive break of 1.2731 will resume the rally from 1.2036 for retesting 1.3141 high next. In the bigger […]
22/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.23; (P) 164.79; (R1) 165.22; More… Intraday bias in EUR/JPY is turned neutral first with current retreat. Some consolidations could be seen but downside should be contained by 55 4H EMA (now at 163.19) to bring another rally. On the upside, break of 165.33 will resume larger up trend to 61.8% projection […]
06/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3150; (P) 1.3168; (R1) 1.3199; More… Intraday bias in GBP/USD remains neutral as it’s still bounded in consolidations below 1.3265. While another retreat cannot be ruled out, downside should be contained above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to 100% projection […]