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Daily Pivots: (S1) 1.4010; (P) 1.4038; (R1) 1.4087; More… Intraday bias in USD/CAD remains on the upside for the moment. Current rally is part of the larger up trend. Next target is 61.8% projection of 1.3418 to 1.3958 from 1.3841 at 1.4175. On the downside, below 1.3993 minor support will turn intraday bias neutral and […]

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EUR/GBP Daily Outlook

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18/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.94; (P) 189.49; (R1) 190.38; More….. Intraday bias in GBP/JPY remains on the upside at this point. Correction from 191.29 should have completed at 187.94 already. Further rise should be seen to retest 191.29 high first. Decisive break there will bring larger up trend resumption. On the downside, below 188.56 minor support […]
12/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2529; (P) 1.2560; (R1) 1.2587; More… Intraday bias in GBP/USD is turned neutral with a temporary low formed at 1.2501. But further decline remains mildly in favor with 1.2611 minor resistance intact. Below 1.2501 will resume the fall from 1.2731 short term top to to 55 D EMA (now at 1.2450). Sustained […]
13/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0757; (P) 1.0773; (R1) 1.0787; More… Intraday bias in EUR/USD remains neutral for the moment. Further rally is expected as long as 55 4H EMA (now at 1.0747) holds. On the upside, above 1.0810 will resume the rebound from 1.0601 to 1.0884 resistance next. However, firm break of 55 4H EMA will […]