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Daily Pivots: (S1) 0.8304; (P) 0.8339; (R1) 0.8359; More… EUR/GBP’s down trend resume by breaking through 0.8309. Intraday bias is now on the downside for 0.8201 key support next. Strong support could be seen from there to break rebound. But for now, break of 0.8433 resistance is needed to indicate short term bottoming. Otherwise, outlook […]

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GBP/USD Daily Outlook

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EUR/USD Mid-Day Outlook

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15/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3616; (P) 1.3630; (R1) 1.3649; More… Break of 1.3652 resistance suggests that a short term bottom was formed at 1.3588, after hitting 1.3589 support. Intraday bias is back on the upside for 13790 resistance. On the downside, firm break of 1.3589 will extend the corrective pattern from 1.3845 to 100% projection of […]
07/03/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0856; (P) 1.0885; (R1) 1.0929; More… EUR/USD’s break of 1.0887 confirms resumption of rebound from 1.0694. Intraday bias is back on the upside for retesting 1.1138 first. Firm break there will resume the rise from 1.0447 to retest 1.1274 high. For now, further rally is in favor as long as 1.0795 support […]
12/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2529; (P) 1.2560; (R1) 1.2587; More… Intraday bias in GBP/USD remains neutral for the moment. Further decline remains mildly in favor with 1.2611 minor resistance intact. Below 1.2501 will resume the fall from 1.2731 short term top to to 55 D EMA (now at 1.2450). Sustained break there will bring retest of […]