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Daily Pivots: (S1) 1.6611; (P) 1.6690; (R1) 1.6836; More… EUR/AUD surges to as high as 1.7189 so far today, and the breach of 1.7062 resistance suggests larger rally resumption. Intraday bias remains on the upside for 1.7715 fibonacci projection level next. On the downside, below 1.6770 minor support will turn intraday bias neutral and bring […]

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EUR/GBP Daily Outlook

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USD/JPY Mid-Day Outlook

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14/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3725; (P) 1.3737; (R1) 1.3754; More… USD/CAD’s fall from 1.3946 resumed after brief consolidations and intraday bias is back on the downside sustained trading below 55 D EMA (now at 1.3726) will dampen the original bullish view and bring deeper decline back towards 1.3588 support. On the upside, above 1.3764 minor resistance […]
25/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2647; (P) 1.2672; (R1) 1.2712; More… No change in GBP/USD’s outlook and intraday bias stays neutral. Further decline is expected as long as 1.2739 resistance holds. Break of 1.2622, and sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. However, […]
08/07/2024

GBPUSD Wave Analysis

GBPUSD rising inside wave 2 Likely to rise to resistance level 1.2850 GBPUSD currency pair recently reversed up from the key support level 1.2630 (which also stopped the earlier impulse ii at the end of June). The support level 1.2630 was strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of […]