USD/CAD Daily Outlook

Daily Pivots: (S1) 0.9618; (P) 0.9639; (R1) 0.9661; More…. No change in EUR/CHF’s outlook and intraday stays on the downside. Deeper fall would be seen to 0.9563 support. Decisive break there will argue that whole rise from 0.9252 has completed, and bring deeper fall to 61.8% retracement of 0.9252 to 0.9928 at 0.9510. On the […]

Daily Pivots: (S1) 189.31; (P) 189.85; (R1) 190.49; More….. Intraday bias in GBP/JPY remains neutral for the moment. Corrective pattern from 191.29 could still extend. Break of 188.02 minor support will bring deeper fall to 38.2% retracement of 178.32 to 191.29 at 186.33, as a correction to rise from 178.32. Nevertheless, on the upside, decisive […]

Daily Pivots: (S1) 0.9281; (P) 0.9313; (R1) 0.9334; More…. With break of 0.9294 minor support, rebound from 0.9204 could have completed after rejection by 55 4H EMA. Intraday bias is back on the downside for retesting 0.9204/9 support zone. Decisive break there will indicate larger down trend resumption. For now, outlook will stay bearish as […]