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Daily Pivots: (S1) 1.0802; (P) 1.0824; (R1) 1.0845; More…. Intraday bias in EUR/USD remains neutral as consolidation continues below 1.0844. Further rally is in favor as long as 55 4H EMA (now at 1.0789) holds. On the upside, above 1.0844 will resume the rebound from 1.0665 to retest 1.0915 resistance. Firm break there will target […]

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GBP/USD Daily Outlook

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30/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3665; (P) 1.3694; (R1) 1.3747; More… Intraday bias in USD/CAD remains neutral for the moment. On the upside, break of 1.3742 resistance will revive the case that correction from 1.3845 has completed at 1.3589. Intraday bias will be back on the upside for retesting 1.3845. On the downside, firm break of 1.3589 […]
04/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 199.19; (P) 199.92; (R1) 200.62; More…. Intraday bias in GBP/JPY remains neutral for the moment. On the downside, break of 198.73 support will indicate rejection by 200.53 high, and short term topping at 200.72. Bias will be back on the downside for 197.07 resistance turned support. On the upside, however, firm break […]
09/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8575; (P) 0.8580; (R1) 0.8587; More… Range trading continues in EUR/GBP and intraday bias stays neutral. 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, […]