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Daily Pivots: (S1) 198.10; (P) 198.96; (R1) 199.70; More… A temporary top is formed at 199.79 in GBP/JPY with current retreat. Intraday bias is turned neutral for consolidations first. Further rally would remain in favor as long as 55 D EMA (now at 194.20) holds. Above 199.79 will resume the rebound from 180.00 to retest […]

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EUR/USD Daily Outlook

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13/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3562; (P) 1.3584; (R1) 1.3602; More… Intraday bias in USD/CAD remains neutral first and further decline is in favor. On the downside, below 1.3545 minor support will bring retest of 1.3439 low first. However, firm break of 1.3617 will turn bias back to the upside for stronger rebound instead. In the bigger […]
08/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8556; (P) 0.8570; (R1) 0.8585; More…. Intraday bias in EUR/GBP is turned neutral as a temporary low is formed at 0.8552. Some consolidations could be seen and stronger recovery cannot be ruled out. But upside should be limited by 0.8648 support turned resistance to bring another fall. Below 0.8552 will target 0.8491 […]
02/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1020; (P) 1.1052; (R1) 1.1070; More… While EUR/USD’s pull back from 1.1138 extends lower, it’s still staying above 1.0929 support. Intraday bias remains neutral at this point. on the upside, break of 1.1138 will resume the rise from 1.0447 to retest 1.1274 high. Meanwhile, break of 1.0929 will indicate short term topping […]