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Daily Pivots: (S1) 1.3564; (P) 1.3584; (R1) 1.3613; More… Intraday bias in USD/CAD remains neutral as consolidation continues below 1.3605. Further rally is expected as long as 1.3439 support holds. Break of 1.3605 will resume the rise from 1.3176 and target 100% projection of 1.3176 to 1.3540 from 1.3357 at 1.3721 next. In the bigger […]

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15/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.14; (P) 161.37; (R1) 161.77; More… Intraday bias in EUR/JPY is turned neutral first as it retreated ahead of 161.84 resistance On the upside, firm break of 161.84 will confirm resumption of whole rise from 153.15. Next target is a retest on 164.29 high. On the downside, however, below 160.36 will extend […]
17/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6225; (P) 1.6270; (R1) 1.6318; More… Intraday bias in EUR/AUD remains neutral as range trading continues above 1.6216. Further decline is expected with 1.6381 resistance intact. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 will turn bias back to the downside to […]
15/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0599; (P) 1.0665; (R1) 1.0708; More… Intraday bias in EUR/USD remains on the downside at this point. Current is part of the decline from 1.1138. Next target is 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. On the upside, above 1.0723 support turned resistance will turn intraday bias neutral […]