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Daily Pivots: (S1) 1.3389; (P) 1.3473; (R1) 1.3515; More… USD/CAD’s break of 1.3439 support confirms resumption of whole fall from 1.3946. Intraday bias remains on the downside for 61.8% projection of 1.3946 to 1.3439 from 1.3646 at 1.3333. On the upside, above 1.3486 minor resistance will turn intraday bias neutral for consolidations. But outlook will […]

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GBP/USD Daily Outlook

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30/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.10; (P) 192.03; (R1) 194.06; More… GBP/JPY’s break of 190.11 support suggests that corrective pattern from 180.00 has completed with three waves up to 195.95 already. Intraday bias is now on the downside. Deeper decline would be seen back to 183.70 support next. For now, risk will stay on the downside as […]
25/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6223; (P) 1.6270; (R1) 1.6354; More… Intraday bias in EUR/AUD stays on the upside for the moment. Break of 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 to 1.6002 at 1.6452. On the downside, though, below 1.6132 will bring retest of 1.6002 low instead. In the bigger picture, as […]
12/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 184.10; (P) 185.29; (R1) 186.86; More… Intraday bias in GBP/JPY is turned neutral with current recovery.. But further decline is expected as long as 189.77 resistance holds. Below 183.70 will bring retest of 180.00 low. Break there will resume whole fall from 208.09 to 175.94 fibonacci level. In the bigger picture, price […]