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Daily Pivots: (S1) 1.2809; (P) 1.2852; (R1) 1.2902; More… Intraday bias in GBP/USD is turned neutral first with current retreat. Some consolidations would be seen below 1.2892 temporary top first. But further rally will remain in favor as long as 55 4H EMA (now at 1.2735) holds. On the upside, above 1.2892 will resume larger […]

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11/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 161.38; (P) 161.59; (R1) 161.93; More… Range trading continues in USD/JPY below 161.94 and intraday bias remains neutral. Further rally is expected with 160.25 minor support intact. On the upside, break of 161.94 will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. Nevertheless, break of […]
27/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0816; (P) 1.0840; (R1) 1.0856; More… Outlook in EUR/USD remains unchanged as consolidations continue above 1.0801. Intraday bias remains neutral and But risk will stay on the downside as long as 55 4H EMA (now at 1.0855) holds. Below 1.0801 will resume the fall from 1.0980 to retest 1.0694 first. Break there […]
24/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3447; (P) 1.3469; (R1) 1.3485; More… Intraday bias in USD/CAD remains neutral for moment. Consolidation from 1.3540 could extend further. But further rally is expected as long as 1.3342 minor support holds. Fall from 1.3897 should have completed at 1.3716. Break of 1.3540w ill target 1.3617 cluster resistance (61.8% retracement of 1.3897 […]