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Daily Pivots: (S1) 1.2383; (P) 1.2442; (R1) 1.2543; More… Intraday bias in GBP/USD remains on the upside as rebound from 1.2099 short term bottom is in progress. Strong resistance could be seen 38.2% retracement of 1.3433 to 1.2099 at 1.2609 to limit upside. On the downside, below 1.2375 minor support will turn intraday bias neutral […]

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GBP/JPY Daily Outlook

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18/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3761; (P) 1.3781; (R1) 1.3815; More… USD/CAD is staying in consolidation below 1.3837 and intraday bias remains neutral. Deep retreat could be seen, but downside should be contained above 1.3646 resistance turned support. On the upside, above 1.3837 will resume the rally from 1.3418 to 1.3946/76 key resistance zone. In the bigger […]
26/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.49; (P) 144.17; (R1) 145.42; More… USD/JPY’s rebound from 139.57 short term bottom is still in progress and intraday bias stays on the upside. Further rally would be seen to 38.2% retracement of 161.94 to 139.57 at 148.11. On the downside, below 142.89 minor support will turn bias to the downside for […]
07/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6233; (P) 1.6366; (R1) 1.6458; More… Intraday bias in EUR/AUD remains on the downside for 1.6132 support. Break there will extend the fall from 1.6598 to retest 1.5996 key support level. On the upside, above 1.6356 minor resistance will turn intraday bias neutral first. But risk will stay on the downside as […]