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Daily Pivots: (S1) 1.3708; (P) 1.3748; (R1) 1.3813; More… Intraday bias in USD/CAD remain son the upside at this point. Current rise from 1.3176 should target 100% projection of 1.3176 to 1.3540 from 1.3477 at 1.3841. On the downside, below 1.3724 minor support will turn intraday bias neutral and bring consolidations first, before staging another […]

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29/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2851; (P) 1.2866; (R1) 1.2883; More… Intraday bias in GBP/USD remains neutral for the moment and outlook is unchanged. As long as 1.2859 resistance turned support holds, further rally is in favor. Break of 1.3043 will resume the rise from 1.2298. However, firm break of 1.2859 will turn bias to the downside […]
03/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6644; (P) 0.6657; (R1) 0.6681; More… AUD/USD’s rally from 0.6361 finally resumed by breaking through 0.6713 resistance and intraday bias is back on the upside. Further rise should be seen to 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837 next. For now, near term outlook will stay bullish as long […]
17/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8592; (P) 0.8606; (R1) 0.8621; More… EUR/GBP’s fall from 0.8713 resumed by breaking through 0.8585 today. Intraday bias is back on the downside for 0.8548 support first. Firm break there will argue that larger down trend is ready to resume through 0.8491 low. On the upside, break of 0.8619 resistance is needed […]