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Daily Pivots: (S1) 0.8411; (P) 0.8422; (R1) 0.8433; More…. Intraday bias in EUR/GBP remains neutral for the moment. Consolidations from 0.8399 would continue and stronger recovery might be seen. But further decline is expected as long as 0.8466 minor resistance holds. Below 0.8399 will resume the decline from 0.8624 and target 0.8382 support. Firm break […]

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USD/CAD Daily Outlook

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10/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3696; (P) 1.3732; (R1) 1.3801; More… USD/CAD’s break of 1.3742 resistance revive the case that correction from 1.3845 has completed at 1.3589. Intraday bias is back on the upside for retesting 1.3845 high next. On the downside, break of 1.3662 support will extend the corrective pattern from 1.3845 with another falling leg […]
19/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2915; (P) 1.2968; (R1) 1.2997; More… Intraday bias in GBP/USD remains neutral at this point. Pullback from 1.3043 could extend lower but downside should be contained by 1.2859 resistance turned support to bring another rally. Above 1.3043 will resume the rise from 1.2298 to 100% projection of 1.2298 to 1.2859 from 1.2612 […]
29/11/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.39; (P) 187.96; (R1) 188.32; More… Intraday bias in GBP/JPY is turned neutral again with current retreat. Some more consolidations could be seen below 188.63 temporary top first. But near term outlook will stay bullish as long as 184.44 support holds. Break of 188.63 will resume larger up trend. In the bigger […]