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Daily Pivots: (S1) 157.31; (P) 157.99; (R1) 158.99; More…. Intraday bias in EUR/JPY remains neutral for consolidations above 156.16 temporary low. Further decline is expected as long as 55 D EMA (now at 162.08) holds. On the downside, below 156.16 temporary low will resume the fall from 166.67 to 155.14 support first. Firm break there […]

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09/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3614; (P) 1.3644; (R1) 1.3678; More… Intraday bias in USD/CAD remains on the upside as rebound from 1.3418 short term bottom is in progress. Fall from 1.3946 has likely completed already. Further rise should be seen to 61.8% retracement of 1.3946 to 1.3418 at 1.3559 next. Decisive break there will target 1.3946 […]
01/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2608; (P) 1.2626; (R1) 1.2643; More… Intraday bias in GBP/USD remains neutral as range trading continues. Risk stays on the downside as long as 1.2666 support turned resistance. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support first. Decisive break there will suggest that rise from 1.2036 has completed […]
14/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3453; (P) 1.3476; (R1) 1.3494; More… No change in USD/CAD’s outlook and intraday bias stays neutral. On the downside, break of 1.3419 and sustained trading below 1.3439 support will argue that rebound from 1.3176 has completed as a corrective move to 1.3605. Near term outlook will be turned bearish for 1.3357 support […]