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Daily Pivots: (S1) 155.38; (P) 156.26; (R1) 156.90; More…. Intraday bias in EUR/JPY is back on the downside with breach of 155.45 temporary low. Fall from 163.86 is resuming to retest 154.40 low. Firm break there will resume whole decline from 1785.41 to 153.15 support, and possibly further to 152.11 fibonacci level. On the upside, […]

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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 […]
06/02/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0747; (P) 1.0822; (R1) 1.0864; More… EUR/USD’s fall from 1.1138 continues today, and the break of trend line in 4H MACD indicates downside acceleration. Intraday bias remains on the downside. Sustained break of 1.0722 structural support will argue that whole rise from 1.0447 has completed. Deeper fall would then be seen to […]
18/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2421; (P) 1.2451; (R1) 1.2486; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.2404 is extending. Upside of recovery should be limited by 1.2538 support turned resistance to bring another fall. On the downside, firm break of 1.2404 will resume the decline from 1.2892 to 100% projection of 1.2892 to […]