Daily Pivots: (S1) 1.3682; (P) 1.3722; (R1) 1.3764; More… Despite steep retreat, USD/CAD recovered strongly ahead of 1.2662 support. Intraday bias stays neutral first. On the upside, above 1.3790 will resume the rebound from 1.3589 to retest 1.3845 high. Firm break there will resume larger rally. Nevertheless, break of 1.3662 will turn bias to the […]
Sep 06, 2024
GBP/JPY Daily Outlook
Daily Pivots: (S1) 188.18; (P) 188.98; (R1) 189.90; More… GBP/JPY’s break of 188.23 support suggests that rebound from 180.00 has already completed at 193.45, ahead of 55 D EMA. Intraday bias is back on the downside for retesting 180.00. Firm break there will resume whole fall from 208.09. For now, risk will stay on the […]
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