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Daily Pivots: (S1) 1.3695; (P) 1.3735; (R1) 1.3782; More… Outlook in USD/CAD is unchanged and intraday bias stays on the upside for the moment. Sustained trading above 61.8% retracement of 1.3946 to 1.3418 at 1.3559 will extend the rise from 1.3418 to 1.3946 high again. On the downside, below 1.3702 minor support will turn intraday […]

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GBP/USD Mid-Day Outlook

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EUR/CHF Weekly Outlook

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22/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2672; (P) 1.2694; (R1) 1.2725; More… Intraday bias in GBP/USD stays neutral for the moment. Consolidation pattern from 1.2826 could extend further. Break of 1.2595 support will target 1.2499 support. On the upside, however, firm break of 1.2784 resistance will suggest that the consolidation pattern has completed. Further rally should then resume […]
18/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 141.01; (P) 141.74; (R1) 143.16; More… Outlook in USD/JPY remains unchanged and intraday bias stays neutral. Considering bullish convergence condition in 4H MACD, break of 143.03 resistance will indicate short term bottoming and turn bias back to the upside for rebound towards 147.20. However, decisive break of 139.26 fibonacci level would carry […]
30/11/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2662; (P) 1.2697; (R1) 1.2730; More… Intraday bias in GBP/USD remains neutral for the moment, and more consolidations could be seen below 1.2731. For now, further rally is in favor as long as 1.2426 resistance turned support holds. On the upside, sustained trading above 61.8% retracement of 1.3141 to 1.2036 at 1.2716 […]