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Daily Pivots: (S1) 0.6240; (P) 0.6315; (R1) 0.6403; More… AUD/USD’s steep decline today and breach of 0.6087 support indicates resumption of whole fall from 0.6941. Intraday bias is back on the downside. Next target is 61.8% projection of 0.6941 to 0.6087 from 0.6388 at 0.5860. On the upside, above 0.6154 minor resistance will turn intraday […]

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USD/CAD Weekly Outlook

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24/03/2025

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4322; (P) 1.4348; (R1) 1.4381; More… Intraday bias in USD/CAD remains neutral for the moment as range trading continues. Overall, price actions from 1.4791 are seen as a corrective pattern. On the upside, break of 1.4541 will extend the second leg from 1.4150 to retest 1.4791 high. On the downside, break of […]
06/02/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.66; (P) 153.06; (R1) 154.00; More… Intraday bias in USD/JPY remains on the downside as fall from 158.86 is in progress. Strong support is still expected from 38.2% retracement of 139.57 to 158.86 at 151.49 to contain downside. On the upside, firm break of 153.70 minor resistance will turn intraday bias back […]
16/04/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8495; (P) 0.8556; (R1) 0.8587; More… No change in EUR/GBP’s outlook and intraday bias stays neutral. Consolidations from 0.8737 could extend but further rise is still expected as long as 0.8518 support holds. On the upside, break of 0.8737 will resume the larger rally from 0.8221. In the bigger picture, down trend […]