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Daily Pivots: (S1) 0.8302; (P) 0.8345; (R1) 0.8366; More… Intraday bias in EUR/GBP remains on the downside as recent down trend continues. Decisive break of 61.8% projection of 0.8624 to 0.8399 from 0.8463 at 0.8324 will 100% projection at 0.8237 next. On the upside, above 0.8354 minor resistance will turn intraday bias neutral and bring […]

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14/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8362; (P) 0.8372; (R1) 0.8380; More… Intraday bias in EUR/GBP remains neutral and outlook is unchanged. Further decline is in favor, and firm break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to 0.8309 at 0.8429 will pave the way […]
07/11/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 165.18; (P) 165.65; (R1) 166.36; More…. No change in EUR/JPY’s outlook as consolidations continue below 166.67. Intraday bias stays neutral. Further rally is expected as long as 164.25 minor support holds. Sustained break of 61.8% retracement of 175.41 to 154.40 at 167.38 will pave the way to retest 175.41 high. However, considering […]
26/11/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3940; (P) 1.3974; (R1) 1.4019; More… USD/CAD’s rally resumed by breaking through 1.4104 and intraday bias is back on the upside. Further rally should be seen to 61.8% projection of 1.3418 to 1.4104 from 1.3930 at 1.4354 next. For now, outlook will stay bullish as long as 1.3930 support holds, in case […]