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Daily Pivots: (S1) 1.0780; (P) 1.0809; (R1) 1.0826; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0760 temporary low. Further decline is expected as long as 1.0871 resistance holds. Below 1.0760 will target 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there will target 1.0601 support next. […]

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24/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8578; (P) 0.8611; (R1) 0.8630; More… Intraday bias in EUR/GBP is turned neutral first with current retreat. On the upside, decisive break of medium term trend line resistance (now at 0.8649) will solidify the bullish case of trend reversal, and target 0.8764 resistance next. However, sustained break of 55 4H EMA (now […]
17/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2948; (P) 1.2965; (R1) 1.2992; More… GBP/USD is staying in consolidation below 1.2994 temporary top and intraday bias remains neutral. Further rally is expected as long as 1.2859 resistance turned support holds. Above 1.2994 will resume the rally from 1.2298 and target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, […]
13/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3463; (P) 1.3495; (R1) 1.3522; More… Intraday bias in USD/CAD remains neutral for the moment. 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 first. […]