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Daily Pivots: (S1) 1.4337; (P) 1.4370; (R1) 1.4405; More… Range trading continues in USD/CAD and intraday bias remains neutral. Further rally is expected as long as 1.4260 support holds. On the upside, firm break of 1.4516 will resume larger up trend to 1.4667/89 key resistance zone. Nevertheless, firm break of 1.4260 will turn bias to […]

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EUR/GBP Daily Outlook

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28/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6187; (P) 1.6247; (R1) 1.6324; More… Intraday bias in EUR/AUD stays neutral first. On the upside, firm break of 1.6359 resistance will be the first sign of bullish reversal and target 1.6598 resistance for confirmation. On the downside, though, below 1.6125 minor support will bring retest of 1.5963 low. In the bigger […]
22/01/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.95; (P) 191.57; (R1) 192.67; More… Intraday bias in GBP/JPY remains neutral as recovery from 189.31 is still capped below 193.01 resistance. Risk continues to stay on the downside. Break of 189.31 will target 188.07 support. Firm break there will argue that corrective pattern from 180.00 has finished too, and larger decline […]
26/11/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 153.58; (P) 154.15; (R1) 154.75; More… Intraday bias in USD/JPY remains neutral as consolidation from 156.74 is still extending. On the downside, break of 153.27 will bring deeper correction to 38.2% retracement of 139.57 to 156.74 at 150.18. Meanwhile, on the upside, firm break of 156.74 will resume the rally from 139.57 […]