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Daily Pivots: (S1) 1.3473; (P) 1.3485; (R1) 1.3503; More… USD/CAD is still bounded in range below 1.3585 and intraday bias remains neutral. More consolidations could be seen, but further rally is expected as long as 1.3357 support holds. On the upside, firm break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. In […]

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14/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3473; (P) 1.3540; (R1) 1.3586; More… USD/CAD’s fall from 1.3897 resumed by breaking through 1.3479 support. Intraday bias is back on the downside for 1.3378 support zone. Strong support is expected there to bring rebound. But still, break of 1.3617 resistance is needed to indicate short term bottoming. Otherwise, risk will stay […]
09/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8587; (P) 0.8603; (R1) 0.8615; More… Intraday bias in EUR/GBP remains mildly on the upside for 0.8643 resistance. Firm break there will resume the choppy rebound from 0.8497 low. On the downside, below 0.8585 minor support will turn intraday bias neutral first. In the bigger picture, outlook remains bearish as EUR/GBP is […]
06/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6390; (P) 0.6455; (R1) 0.6562; More… AUD?USD rebounded strongly after diving to 0.6348 but upside is capped below 0.6567 resistance so far. Intraday bias is turned neutral first, and further fall is in favor. Below 0.6434 minor support will bring retest of 0.6348 low. Firm break there will resume the decline from […]