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Daily Pivots: (S1) 1.2858; (P) 1.2903; (R1) 1.2960; More… Intraday bias in GBP/USD remains on the upside for 61.8% projection of 1.2298 to 1.2859 from 1.2612 at 1.2959. Decisive break there would prompt upside acceleration through 1.3141 resistance to 100% projection at 1.3173. On the downside, below 1.2845 resistance turned support will turn intraday bias […]

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GBP/JPY Daily Outlook

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19/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0857; (P) 1.0881; (R1) 1.0897; More… Intraday bias in EUR/USD remain son the downside for the moment as fall from 1.0980 is in progress. Sustained trading below 55 D EMA (now at 1.0856) will argue that rebound from 1.0694 has completed and bring retest of this low. On the upside, above 1.0905 […]
12/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0744; (P) 1.0762; (R1) 1.0781; More… Intraday bias in EUR/USD remains neutral at this point. Further decline is expected with 1.0816 minor resistance intact. Break of 1.0722, and sustained trading below 55 D EMA (now at 1.0770) will extend the fall from 1.1016 short term top to retest 1.0447 support. However, on […]
18/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3476; (P) 1.3509; (R1) 1.3538; More… Intraday bias in USD/CAD is turned neutral with 4H MACD crossed below signal line. Some consolidations could be seen first. But further rally is expected as long as 1.3342 support holds. Above 1.3540 will resume the rise from 1.3176 to 1.3617 cluster resistance (61.8% retracement of […]