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Daily Pivots: (S1) 148.32; (P) 148.64; (R1) 149.10; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. Corrective pattern from 146.52 might extend. But in case of stronger recovery, upside should be limited by 150.92 support turned resistance. On the downside, firm break of 148.17 support will bring retest of 146.52 first. Sustained […]

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EUR/USD Mid-Day Outlook

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18/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8304; (P) 0.8339; (R1) 0.8359; More… EUR/GBP’s fall from 0.8433 extends lower today, but downside is still held above 0.8309 support. Intraday bias remains neutral first. On the downside, firm break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to […]
28/03/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.07; (P) 195.03; (R1) 196.54; More… GBP/JPY’s rebound from 187.04 resumed by breaking through 194.97 temporary top. Intraday bias is back on the upside for 198.94 resistance. For now, further rally is in favor as long as long as 193.44 support holds, in case of retreat. Overall, corrective pattern from 180.00 is […]
07/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3464; (P) 1.3506; (R1) 1.3536; More… Range trading continues in USD/CAD and intraday bias remains neutral. On the upside, break of 1.3540 will resume the rise from 1.3176. That will also revive that case that whole fall from 1.3897 has completed, and target this resistance. Nevertheless, firm break of 1.3357 support will […]