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Daily Pivots: (S1) 1.6281; (P) 1.6315; (R1) 1.6339; More… Intraday bias in EUR/AUD remains neutral for the moment. While recovery from 1.6256 might extend, further decline is in favor as long as 1.6580 resistance holds. Break of 1.6256 will resume the fall from 1.7180, and target 1.5996 key support level next. However, decisive break of […]

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USD/CAD Daily Outlook

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19/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3557; (P) 1.3590; (R1) 1.3639; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, break of 1.3545 minor support will suggest that recovery from 1.3439 has completed, and turn bias to the downside for retesting this low. Nevertheless, decisive break of 38.2% retracement of 1.3946 to 1.3439 at […]
06/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2763; (P) 1.2779; (R1) 1.2803; More….. Outlook in GBP/USD remains unchanged and intraday bias stays neutral. As long as 1.2693 support holds, further rally is in favor. Above 1.2816 will resume the rally from 1.2298 to 1.2892 resistance next. On the downside, break of 1.2693 minor support will turn intraday bias to […]
29/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6324; (P) 1.6393; (R1) 1.6436; More… Intraday bias in EUR/AUD remains on the downside at this point. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Deeper fall would be seen to 1.6127 support, or further to 100% projection of 1.7062 to 1.6127 from 1.6742 at […]