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Daily Pivots: (S1) 1.3673; (P) 1.3713; (R1) 1.3739; More… No change in USD/CAD’s outlook as retreat from 1.3845 is extending. Intraday bias stays neutral at this point. Downside should be contained by 1.3660 support to bring another rally. On the upside, firm break of 1.3845 will resume the whole rally from 1.3716 to 1.3976 key […]

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GBP/JPY Daily Outlook

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30/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8531; (P) 0.8540; (R1) 0.8554; More… While downside momentum in EUR/GBP isn’t too convincing, further decline is still expected with 0.8563 resistance intact. Next target is 0.8491 low and break will resume larger down trend to 0.8464 projection level. On the upside, above 0.8563 minor resistance will turn intraday bias neutral and […]
23/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.69; (P) 162.36; (R1) 163.24; More…. Intraday bias in EUR/JPY stays neutral as consolidation from 163.86 continues. On the upside, break of 163.86 will resume the rise from 154.40 and target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, […]
05/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.31; (P) 159.79; (R1) 160.52; More… Intraday bias in EUR/JPY remains neutral for the moment. On the upside, firm break of 160.25 minor resistance will indicate that rise from 153.15 is ready to resume, and turn bias back to the upside for 161.84 first. Nevertheless, break of 158.06 will now suggest that […]