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Daily Pivots: (S1) 1.2599; (P) 1.2620; (R1) 1.2650; More… Intraday bias in GBP/USD remains mildly on the upside. Correction from 1.2826 might have completed with three waves down to 1.2517. Further rise would be seen to retest 1.2826 high. On the downside, however, decisive break of 1.2499 will argue that whole rise from 1.2036 has […]

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EUR/USD Mid-Day Outlook

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09/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3623; (P) 1.3635; (R1) 1.3647; More… Intraday bias in USD/CAD stays neutral and outlook is unchanged. Corrective pattern from 1.3845 could still extend. Break of 1.3589 will target 100% projection of 1.3845 to 1.3589 from 1.3790 at 1.3534. Strong support would be seen there to bring rebound. On the upside, above 1.3686 […]
14/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6531; (P) 1.6572; (R1) 1.6613; More… Intraday bias in EUR/AUD remains neutral and outlook stays bullish with 1.6474 support intact. On the upside, above 1.6798 minor resistance will bring retest of 1.7180 resistance first. Firm break there will resume larger up trend to 1.7715 fibonacci projection level next. However, firm break of […]
11/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0722; (P) 1.0762; (R1) 1.0799; More… Further decline remains in favor in EUR/USD despite loss of downside momentum. 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 the upside, above 1.0816 minor resistance will turn intraday bias […]