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Daily Pivots: (S1) 1.3787; (P) 1.3801; (R1) 1.3816; More… USD/CAD is extending the consolidation pattern from 1.3837 and intraday bias stays neutral. Another retreat cannot be ruled out, but downside should be contained above 1.3646 resistance turned support. On the upside, break of 1.3837 will resume the rally from 1.3418 and target 1.3946/76 key resistance […]

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GBP/JPY Daily Outlook

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02/04/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9705; (P) 0.9721; (R1) 0.9729; More… Intraday bias in EUR/CHF remains neutral as consolidation continues below 0.9818. Another rally is expected as long 0.9689 support holds. On the upside, above 0.9818 will resume the rise from 0.9252 towards 1.0095 key resistance next. Nevertheless, considering bearish divergence condition in 4H MACD, break of […]
22/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.66; (P) 150.27; (R1) 151.46; More… Intraday bias in USD/JPY remains on the upside, as rise from 139.57 is in progress. Next target is 61.8% retracement of 161.94 to 139.57 at 153.39. On the downside, below 149.08 minor support will turn intraday bias neutral again. But still, further rally is in favor […]
25/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2558; (P) 1.2617; (R1) 1.2658; More… Intraday bias in GBP/USD remains on the downside for 1.2517 structural support. Decisive break there will suggest that rise from 1.2036 has completed at 1.2892 already, and turn near term outlook bearish. On the upside, above 1.2674 minor resistance will turn intraday bias neutral first. In […]