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Daily Pivots: (S1) 144.19; (P) 145.55; (R1) 146.63; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 144.44 temporary low will reaffirm the case that rebound form 141.67 has completed, and bring retest of this low. On the upside, break of 149.35 will resume the rebound to 61.8% retracement […]

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GBP/USD Daily Outlook

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24/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0832; (P) 1.0865; (R1) 1.0885; More….. No change in EUR/USD’s outlook and intraday bias stays on the downside. Fall from 1.0947 short term top should extend to 55 D EMA (now at 1.0813). Sustained break there will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947, and […]
27/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3561; (P) 1.3576; (R1) 1.3599; More… Intraday bias in USD/CAD stays neutral at this point. On the upside, decisive break of 1.3612 resistance will resume whole rise from 1.3176 towards 1.3897 resistance. On the downside, firm break of 1.3419 support will argue that rebound from 1.3176 has completed. Near term outlook will […]
27/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2697; (P) 1.2714; (R1) 1.2742; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.2793 is extending. As long as 1.2499 support holds, near term outlook will stay bullish and further rally is expected. On the upside, firm break of 1.2793 will resume the rally from 1.2036. Next target is 61.8% […]