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Daily Pivots: (S1) 1.6567; (P) 1.6620; (R1) 1.6700; More… Intraday bias in EUR/AUD remains on the upside for the moment. Rise from 1.5963 should target a retest on 1.7180 high next. On the downside, below 1.6579 minor support will turn intraday bias neutral and bring consolidations, before staging another rise. In the bigger picture, EUR/AUD […]

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EUR/JPY Daily Outlook

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USD/JPY Mid-Day Outlook

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01/11/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.75; (P) 196.83; (R1) 198.22; More… Intraday bias in GBP/JPY remains neutral for the moment. While pullback from 199.79 might extend lower, further rally would remain in favor as long as 55 D EMA (now at 194.22) holds. Above 199.79 will resume the rebound from 180.00 to retest 208.09 high. However, sustained […]
04/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3507; (P) 1.3535; (R1) 1.3579; More… While USD/CAD’s recovery from 1.3439 extended, upside is capped below 1.3617 resistance. Intraday bias remains neutral and further decline is still expected. On the downside, break of 1.3439 and sustained trading below 61.8% retracement of 1.3091 to 1.3946 at 1.3418 will pave the way to 1.3091/3176 […]
05/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2650; (P) 1.2690; (R1) 1.2723; More… GBP/USD is still bounded in range of 1.2611/2826 and intraday bias remains neutral first. On the downside, break of 1.2611 will indicate short term topping, and turn bias back to the downside for 1.2499 support. On the upside, however, above 1.2729 will bring retest of 1.2826 […]