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Daily Pivots: (S1) 1.3511; (P) 1.3580; (R1) 1.3626; More… Intraday bias in USD/CAD remains neutral at this point. On the downside, firm break of 1.3545 minor support will suggest that recovery from 1.3439 has completed, and turn bias to the downside for retesting this low. Nevertheless, sustained break of 38.2% retracement of 1.3946 to 1.3439 […]

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25/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3459; (P) 1.3494; (R1) 1.3558; More… USD/CAD is staying below 1.3540 despite strong recovery overnight. Intraday bias remains neutral first and more consolidations could be seen. 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 […]
14/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3711; (P) 1.3738; (R1) 1.3765; More… Intraday bias in USD/CAD remains neutral and further rise is in favor with 1.3662 support intact. On the upside, above 1.3790 will resume the rebound from 1.3589 to retest 1.3845 high. Firm break there will resume larger rally. Nevertheless, break of 1.3662 will turn bias to […]
22/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.57; (P) 142.60; (R1) 143.14; More… Intraday bias in USD/JPY remains neutral as consolidation from 140.94 is extending. But outlook will stay bearish as long as 146.58 resistance holds. Firm break of 140.94 will resume the whole fall from 151.89. Next target will be next fibonacci level at 136.63. In the bigger […]