Daily Pivots: (S1) 151.13; (P) 151.35; (R1) 151.64; More… Intraday bias in USD/JPY remains neutral as consolidation from 151.82 is still extending. Further rally is expected as long as 150.25 support holds. On the upside, decisive break of 151.93 key resistance will confirm long term up trend resumption. Next near term target will be 61.8% […]
Oct 10, 2024
USD/CAD Daily Outlook
Daily Pivots: (S1) 1.3663; (P) 1.3691; (R1) 1.3739; More… USD/CAD’s rally from 1.3418 continues today and intraday bias stays on the upside. Pullback from 1.3946 should have completed at 1.3418 already. Rise from there would target 61.8% retracement of 1.3946 to 1.3418 at 1.3559. Decisive break there will target 1.3946 again. On the downside, below […]
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