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Daily Pivots: (S1) 1.3599; (P) 1.3623; (R1) 1.3658; More… USD/CAD dipped to 1.3588 but recovered after hitting 1.3589 support. Intraday bias remains neutral first. Outlook is unchanged that corrective pattern from 1.3845 could 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 […]

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17/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6711; (P) 0.6738; (R1) 0.6761; More… AUD/USD recovered quickly after breaching 0.6723 support and intraday bias remains neutral. Further rally is expected as long as 0.6723 minor support holds. On the upside, above 0.6798 will resume the rally from 0.6361 and target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. […]
13/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8592; (P) 0.8602; (R1) 0.8609; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, below 0.8585 minor support will argue that rebound from 0.8529 has completed, and larger fall might be ready to resume. Intraday bias will be back on the downside for 0.8529 support first. In the […]
06/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2491; (P) 1.2564; (R1) 1.2619; More… Intraday bias in GBP/USD stays on the upside for the moment. Fall from 1.2892 could have completed with three waves down to 1.2298. Further rise should be seen and break of 61.8% projection of 1.2298 to 1.2568 from 1.2471 will target 100% projection at 1.2741. For […]