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Daily Pivots: (S1) 1.3850; (P) 1.3905; (R1) 1.3992; More… USD/CAD is still bounded in range below 1.3958 and intraday bias stays neutral. On the downside break of 1.3822 will bring deeper pullback. But downside should be contained by 55 D EMA (now at 1.3736). On the upside, decisive break of 1.3976 will resume larger up […]

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17/12/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4217; (P) 1.4244; (R1) 1.4272; More… USD/CAD’s up trend continues today and intraday bias stays on the upside. Next target is 1.4391 projection level. On the downside, break of 1.4208 minor support will turn intraday bias neutral again first, and bring deeper pull back to channel support (now at 1.4114). Considering bearish […]
05/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8562; (P) 0.8572; (R1) 0.8581; More… EUR/GBP is still bounded in range below 0.8601 and intraday bias remains neutral. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has completed at 0.8601. Intraday bias will be back on the downside for retesting 0.8497 low next. […]
23/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6683; (P) 0.6719; (R1) 0.6740; More… Intraday bias in AUD/USD remains neutral as consolidations continue below 0.6760 temporary top. Downside of retreat should be contained by 55 4H EMA (now at 0.6676) to bring rebound. Above 0.6760 will target 0.6798 resistance next. Firm break there will argue that larger rise from 0.6269 […]