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Daily Pivots: (S1) 1.0736; (P) 1.0780; (R1) 1.0848; More… EUR/USD retreats after initial rejection by 55 4H EMA. Intraday bias remains neutral and more consolidations could still be seen above 1..0681 temporary low. But further decline is expected as long as 1.0936 resistance holds. On the downside, sustained break of 61.8% projection of 1.1213 to […]

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09/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3556; (P) 1.3587; (R1) 1.3603; More… Intraday bias in USD/CAD is turned neutral again with current retreat. Some consolidations would be seen but further rally is still expected as long as 1.3477 support holds. Break of 1.3646 will resume the rise from 1.3716. Sustained break of channel resistance would prompt upside acceleration […]
05/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6621; (P) 0.6660; (R1) 0.6689; More…. No change in AUD/USD’s outlook as consolidation continues below 0.6713. As long as 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) holds, further rally remains in favor. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance […]
02/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2481; (P) 1.2516; (R1) 1.2564; More… Intraday bias in GBP/USD remains neutral as range trading continues. On the upside, above 1.2568 will resume the rebound from 1.2298 to 55 D EMA (now at 1.2578). Sustained break there will argue that fall from 1.2892 has completed already, and bring further rise to this […]