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Daily Pivots: (S1) 1.0398; (P) 1.0447; (R1) 1.0480; More… Outlook in EUR/USD is unchanged and intraday bias remains neutral. On the downside, break of 1.0371 support will indicate rejection by 38.2% retracement of 1.1213 to 1.0176 at 1.0572 and retain near term bearishness. Retest of 1.0176 low should be seen next. On the upside, though, […]

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USD/CAD Daily Outlook

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29/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2851; (P) 1.2866; (R1) 1.2883; More… GBP/USD’s fall from 1.3043 extends lower today and intraday bias is back on the downside with break of 1.2859 resistance turned support. Decisive break of 55 D EMA (now at 1.2776) will suggest that rise from 1.2298 has completed with three waves up to 1.3043 Deeper […]
29/11/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3995; (P) 1.4019; (R1) 1.4038; More… USD/CAD is staying in range of 1.3926/4177 and intraday bias remains neutral. Further rally is expected with 1.3930 support intact. On the upside, firm break of 1.4177 will resume larger up trend. However, break of 1.3926 will turn bias to the downside for deeper pullback to […]
01/10/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6894; (P) 0.6918; (R1) 0.6939; More… Intraday bias in AUD/USD stays on the upside at this point, and current rally from 0.6340 should target 100% projection of 0.6348 to 0.6823 from 0.6621 at 0.7096. On the downside, below 0.6867 minor support will turn intraday bias neutral first. In the bigger picture, overall, […]