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Daily Pivots: (S1) 1.3278; (P) 1.3309; (R1) 1.3354; More… Intraday bias in GBP/USD remains on the upside for the moment. Current rally is in progress for 1.2664 to 1.3265 from 1.3000 at 1.3371. Firm break there will pave the way to 100% projection at 1.3601 next. On the downside, below 1.3219 minor support will turn […]

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10/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.81; (P) 192.33; (R1) 192.93; More….. Intraday bias in GBP/JPY remains neutral at this point as consolidation from 193.51 could extend. But further rally is expected as long as 190.02 support holds. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. On the downside, though, […]
11/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.78; (P) 145.31; (R1) 146.29; More… USD/JPY’s rebound from 140.25 resumed by breaking through 145.97. Intraday bias is back on the upside for 61.8% retracement of 151.89 to 140.25 at 147.44. Upside should be limited there to bring reversal. On the downside, below 145.27 minor support will turn intraday bias neutral first. […]
10/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3651; (P) 1.3699; (R1) 1.3723; More… Intraday bias in USD/CAD remains neutral for the moment. On the upside, break of 1.3782 resistance will argue that correction from 1.3845 has completed with three waves down to 1.3608. Intraday bias will be back to the upside to resume larger rally from 1.3176 through 1.3845. […]