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Daily Pivots: (S1) 0.6690; (P) 0.6711; (R1) 0.6726; More… AUD/USD’s fall from 0.6941 resumed by breaking through 0.6701 temporary low. Intraday bias is back on the downside for 0.6621 support. Decisive break there will pave the way back to 0.6348 support next. On the upside, above 0.6758 minor resistance will turn intraday bias neutral again […]

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04/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2615; (P) 1.2640; (R1) 1.2679; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue that whole rise […]
22/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3477; (P) 1.3510; (R1) 1.3563; More… Intraday bias in USD/CAD remains neutral as range trading continues inside 1.3419/3612. On the upside, break of 1.3612 will confirm resumption of the rebound from 1.3176. On the downside, firm break of 1.3419 support will argue that rebound from 1.3176 has completed. Near term outlook will […]
04/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.79; (P) 150.26; (R1) 150.56; More… Intraday bias in USD/JPY remains neutral at this point. On the upside, break of 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. On the other hand, considering bearish divergence condition in 4H MACD, firm break of 149.20 will confirm short term topping […]