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EUR/GBP stays in established range last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has completed at 0.8601. Intraday bias will be back on the downside for retesting 0.8497 low next. On the upside, break […]

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EUR/USD Weekly Outlook

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15/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3625; (P) 1.3658; (R1) 1.3684; More… USD/CAD is staying in range above 1.3608 and intraday bias remains neutral. On the upside, break of 1.3761 resistance will argue that correction from 1.3845 has already completed. Intraday bias will be back to the upside to resume larger rally from 1.3176 through 1.3845. However, sustained […]
15/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3708; (P) 1.3748; (R1) 1.3813; More… Intraday bias in USD/CAD remain son the upside at this point. Current rise from 1.3176 should target 100% projection of 1.3176 to 1.3540 from 1.3477 at 1.3841. On the downside, below 1.3724 minor support will turn intraday bias neutral and bring consolidations first, before staging another […]
07/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6370; (P) 1.6427; (R1) 1.6493; More… EUR/AUD is staying in consolidation from 1.6267 and intraday bias remains neutral at this point. Outlook stays bearish as long as 55 D EMA (now at 1.6593) holds. On the downside, break of 1.6267 will resume larger decline from 1.7062 to 100% projection of 1.7062 to […]