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Daily Pivots: (S1) 1.3731; (P) 1.3758; (R1) 1.3790; More… Intraday bias in USD/CAD stays mildly on the upside despite some loss of momentum. As noted before, corrective fall from 1.3946 should have completed at 1.3418 already. Further rally should be seen towards this resistance. On the downside, below 1.3702 minor support will turn intraday bias […]

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GBP/JPY Daily Outlook

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05/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 160.92; (P) 161.30; (R1) 161.66; More… Intraday bias in USD/JPY remains neutral for the moment and some more consolidations could be seen first. Further rally is expected as long as 160.25 minor support holds. Break of 161.94 will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at […]
03/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8496; (P) 0.8519; (R1) 0.8536; More…. Intraday bias in EURGBP remains neutral and some more sideway consolidations could be seen. Further decline is expected as long as 55 D EMA (now at 0.8553) holds. Decisive break of 0.8491/7 will resume larger down trend to 0.8376 projection level next. However, sustained break of […]
13/12/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8851; (P) 0.8890; (R1) 0.8962; More… Intraday bias in USD/CHF remains on the upside for the moment. Firm break of 0.8965 resistance will resume the whole rally from 0.8374. Next target is 61.8% projection of 0.8374 to 0.8956 from 0.8735 at 0.9095. On the downside, below 0.8866 minor support will turn intraday […]