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Daily Pivots: (S1) 1.3768; (P) 1.3786; (R1) 1.3816; More… USD/CAD’s rally from 1.3418 is in progress and intraday bias remains on the upside, 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 1.3724 minor support will turn intraday bias […]

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18/12/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0469; (P) 1.0501; (R1) 1.0524; More… Intraday bias in EUR/USD remains neutral as range trading continues. Corrective pattern from 1.0330 might extend further. But outlook will stay bearish as long as 55 D EMA (now at 1.0668) holds. On the downside, below 1.0452 will bring retest of 1.0330 low. In the bigger […]
03/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3554; (P) 1.3569; (R1) 1.3581; More… Intraday bias in USD/CAD remains neutral as range trading continues. On the upside, decisive break of 1.3612 resistance will resume whole rise from 1.3176 towards 1.3897 resistance. On the downside, firm break of 1.3419 support will argue that rebound from 1.3176 has completed. Near term outlook […]
11/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6198; (P) 1.6252; (R1) 1.6336; More… Intraday bias in EUR/AUD Remains neutral for the moment. For now, risk will stay mildly on the downside as long as 1.6598 holds, in case of stronger rebound. On the downside, break of 1.6161 will resume the decline from 1.6590 to target a test on 1.5996/6002 […]