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Daily Pivots: (S1) 0.9550; (P) 0.9578; (R1) 0.9603; More… Intraday bias in EUR/CHF remains on the upside at this point. Current rise from 0.9252 is in progress for 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. For now, further rally is expected as long as 0.9510 support holds, in case of retreat. […]

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28/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8494; (P) 0.8507; (R1) 0.8517; More… Intraday bias in EUR/GBP remains neutral first. Further decline is expected as long as 55 D EMA (now at 0.8559) holds. Decisive break of 0.8491/7 will resume larger down trend to 0.8376 projection level next. In the bigger picture, outlook remains bearish as EUR/GBP is capped […]
18/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3743; (P) 1.3790; (R1) 1.3821; More… A temporary top was formed at 1.3845 in USD/CAD after hitting 100% projection of 1.3176 to 1.3540 from 1.3477 at 1.3841. Intraday bias is mildly on the downside for pull back to 55 4H EMA (now at 1.3711). But downside should be contained by 1.3660 support […]
07/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3562; (P) 1.3581; (R1) 1.3613; More… Intraday bias in USD/CAD stays neutral and outlook is unchanged. On the downside, below 1.3479 will resume the corrective fall from 1.3897. But downside should be contained by 1.3378 support, which is close to 61.8% retracement of 1.3091 to 1.3897 at 1.3399, to bring rebound. On […]