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Daily Pivots: (S1) 1.2743; (P) 1.2769; (R1) 1.2790; More… GBP/USD is still capped below 1.2839 resistance despite today’s rally. Intraday bias stays neutral first. On the downside, break of 1.2664 will resume the fall from 1.3043 to 1.2612 support. Decisive break there should confirm that rise from 1.2298 has completed, and target this support next. […]

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USD/CAD Daily Outlook

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15/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3473; (P) 1.3540; (R1) 1.3586; More… Intraday bias in USD/CAD remains on the downside at this point, with focus on 1.3378 support. Decisive break there will argue that whole rise from 1.3091 has completed at 1.3897. Deeper fall should then be seen back to 1.3091, to extend the sideway pattern from 1.3978. […]
22/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8487; (P) 0.8525; (R1) 0.8554; More….. Intraday bias in USD/CHF remains on the downside as fall from 0.8747 is in progress for retesting 0.8431. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8560 minor resistance will turn intraday bias neutral first. But risk will […]
27/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2692; (P) 1.2721; (R1) 1.2767; More… Intraday bias in GBP/USD stays neutral and further rise is in favor with 1.2670 support intact. Above 1.2760 will resume the rally from 1.2298 to 1.2892 resistance next. On the downside, below 1.2670 will turn bias to the downside for deeper pull back. In the bigger […]