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Daily Pivots: (S1) 1.3636; (P) 1.3657; (R1) 1.3683; More… Intraday bias in USD/CAD is turned neutral with current recovery. On the downside, below 1.3631 will resume the fall from 1.3845 short term top to 55 D EMA (now at 1.3600). On the upside, above 1.3730 minor resistance will turn bias back to the upside for […]

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EUR/USD Mid-Day Outlook

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22/04/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0618; (P) 1.0648; (R1) 1.0686; More… EUR/USD is staying in consolidation from 1.0601 and intraday bias stays neutral. Upside of recovery should be limited by 1.0723 support turned resistance. Break of 1.0601 will resume the fall from 1.1138 to 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. In the […]
30/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.95; (P) 187.63; (R1) 188.13; More… Intraday bias in GBP/JPY remains neutral as consolidation from 188.90 is extending. Further rally is expected as long as 186.14 support holds. Break of 188.90, and sustained trading above 188.63, will confirm up trend resumption. Next target is 38.2% projection of 155.33 to 188.63 from 178.32 […]
24/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 159.02; (P) 159.44; (R1) 160.22; More… Despite the deep but brief retreat, intraday bias in USD/JPY stays mildly on the upside with 158.65 minor support intact. Current rally should target 160.20 high, or possibly to 100% projection of 151.86 to 157.70 from 154.53 at 160.37. Upside could be limited there, at least […]