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Daily Pivots: (S1) 1.3823; (P) 1.3846; (R1) 1.3879; More… Intraday bias in USD/CAD stays on the upside at this point. Current rally from 1.3418 is in progress for retesting 1.3946/76 key resistance zone. Strong resistance might be seen there to limit upside. On the downside, break of 1.3746 support is needed to indicate short term […]

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GBP/JPY Daily Outlook

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09/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8542; (P) 0.8583; (R1) 0.8607; More…. EUR/GBP’s break of 0.8561 support argues that a short term top was formed at 0.8624 already. Intraday bias is back on the downside for deeper pullback to 55 4H EMA (now at 0.8531). On the upside, though, break of 0.8624 will resume the rally from 0.8382 […]
14/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.58; (P) 148.94; (R1) 149.46; More… Intraday bias in USD/JPY remains neutral for consolidations below 149.58 temporary top. Further rally is expected as long as 145.91 support holds. Above 149.58 will resume the rise from 139.57 short term bottom to 61.8% retracement of 161.94 to 139.57 at 153.39. In the bigger picture, […]
15/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2715; (P) 1.2769; (R1) 1.2807; More… GBP/USD’s break of 55 4H EMA (now at 1.2760) indicates short term topping at 1.2829. Intraday bias is back on the downside for 55 D EMA (now at 1.2673). Sustained break there will target 1.2517 structural support next. For now, risk will stay mildly on the […]