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Daily Pivots: (S1) 1.3493; (P) 1.3538; (R1) 1.3588; More… Intraday bias in USD/CAD stays on the downside for retesting 1.3439 low. Firm break there will resume the decline from 1.3946, and target 61.8% projection of 1.3946 to 1.3439 from 1.3646 at 1.3333. On the upside, above 1.3540 minor resistance will turn intraday bias neutral first. […]

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29/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.37; (P) 168.38; (R1) 170.30; More… EUR/JPY’s steep retreat indicates short term topping at 171.58 already. Intraday bias is turned neutral for some consolidations first. But outlook will remain bullish as long as 165.33 resistance turned support holds. Above 171.58 will resume larger up trend to 178.39 projection level next. In the […]
29/11/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.37; (P) 163.04; (R1) 163.55; More…. EUR/JPY’s break of 162.42 minor support suggest that rebound from 161.22 has completed. Intraday bias is back on the downside to extend the corrective pattern from 164.29, with a third leg. Deeper fall should be seen through 161.22 to 100% projection of 164.29 tot 161.22 from […]
16/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2421; (P) 1.2460; (R1) 1.2484; More… Intraday bias in GBP/USD stays neutral first and more consolidations could be seen. But recovery recovery should be limited by 1.2577 minor resistance to bring another fall. On the downside, firm break of 1.2419 will resume the decline from 1.2892 to 100% projection of 1.2892 to […]