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Daily Pivots: (S1) 1.3958; (P) 1.4068; (R1) 1.4165; More… Intraday bias in USD/CAD is turned neutral first with current retreat. Further rally is expected as long as 1.3930 support holds. On the upside, break of 1.4177 temporary top will resume larger up trend to 61.8% projection of 1.3418 to 1.4104 from 1.3930 at 1.4354 next. […]

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25/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2877; (P) 1.2907; (R1) 1.2938; More… No change in GBP/USD’s as range trading continues. Intraday bias remains neutral. Further rally is expected with 1.2859 resistance turned support intact. Break of 1.3043 will resume the rise from 1.2298 and target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly […]
26/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2666; (P) 1.2685; (R1) 1.2704; More… GBP/USD is staying above 1.2622 temporary low despite today’s decline. Intraday bias stays neutral first. Further fall is expected as long as 1.2739 resistance holds. Break of 1.2622, and sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and […]
22/11/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8311; (P) 0.8326; (R1) 0.8335; More… Intraday bias in EUR/GBP remains neutral and outlook is unchanged. Further fall is expected with 0.8446 resistance intact. On the downside, below 0.8306 minor support will turn bias back to the downside for 0.8259 first, and then 0.8201 key support. Nevertheless, firm break of 0.8446 will […]