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Daily Pivots: (S1) 1.6268; (P) 1.6299; (R1) 1.6345; More… Intraday bias in EUR/AUD stays neutral as consolidations continues above 1.6161 temporary low. Risk will stay mildly on the downside as long as 1.6598 holds. On the downside, break of 1.6161 will resume the decline from 1.6590 to target a test on 1.5996/6002 key support zone. […]

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EUR/USD Daily Outlook

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08/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0813; (P) 1.0827; (R1) 1.0854; More…. Despite some loss off upside momentum as seen in 4H MACD, intraday bias in EUR/SD stays on the upside with 1.0783 minor support intact. Rise from 1.0665 would target 1.0915 resistance first. Firm break there will target 100% projection of 1.0601 to 1.0915 from 1.0665 at […]
02/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 142.85; (P) 143.69; (R1) 144.41; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. On the downside, below 141.63 will target 139.57 low. But strong support could be seen again from 139.26 fibonacci level to bring rebound. On the upside, above 146.48 will resume the rebound from 139.57 to 38.2% […]
19/10/2024

USD/CAD Weekly Outlook

USD/CAD’s rally from 1.3418 continued last week but turned sideway after hitting 1.3837. Initial bias remains neutral this week for consolidations first. Downside of retreat should be contained above 1.3646 resistance turned support. On the upside, break of 1.3837 will target 1.3946/76 key resistance zone. In the bigger picture, sideway consolidation pattern from 1.3976 (2022 […]