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Daily Pivots: (S1) 1.2611; (P) 1.2639; (R1) 1.2657; More… Intraday bias in GBP/USD remains neutral for the moment. More consolidations could be seen above 1.2574. But risk will stay on the downside as long as 55 4H EMA (now at 1.2677) holds. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support first. […]

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21/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9483; (P) 0.9526; (R1) 0.9549; More…. Intraday bias in EUR/CHF remains neutral as consolidations continues below 0.9579. Further rally is expected as long as 0.9448 support holds. Sustained break of 55 D EMA (now at 0.9584) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break of 0.9448 will suggest […]
22/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.90; (P) 161.38; (R1) 161.95; More… Intraday bias in EUR/JPY is turned neutral with a temporary top formed at 161.84. Some consolidations could be seen first. But even in case of deep retreat, further rally is expected as long as 158.55 resistance turned support holds. On the upside, break of 161.84 will […]
05/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3631; (P) 1.3665; (R1) 1.3709; More…. Range trading continues in USD/CAD and intraday bias remains neutral for the moment. On the upside, break of 1.3742 resistance will revive the case that correction from 1.3845 has completed at 1.3589. Intraday bias will be back on the upside for retesting 1.3845. On the downside, […]