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Daily Pivots: (S1) 0.6332; (P) 0.6362; (R1) 0.6401; More… AUD/USD edged higher to 06309 but failed to break through 0.6407 resistance and retreated again. Intraday bias stays neutral for the moment. Further rally is expected as long as 55 4H EMA (now at 0.6239) holds. Firm break of 0.6407 resistance will extend the rise from […]

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08/04/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8491; (P) 0.8541; (R1) 0.8621; More… Intraday bias in EUR/GBP remains on the upside for the moment. Current rise from 0.8221 is in progress for 0.8624 key cluster resistance next. Decisive break there will be an important indication of larger bullish trend reversal. On the downside, below 0.8520 minor support will turn […]
16/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2610; (P) 1.2648; (R1) 1.2725; More… Intraday bias in GBP/USD remains on the upside as rise from 1.2298 is in progress. Firm break of 1.2780 will pave the way to 1.2892 resistance next. On the downside, below 1.2624 minor support will turn intraday bias neutral first. But further rally will remain in […]
06/01/2025

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.4400; (P) 1.4432; (R1) 1.4481; More… Break of 1.4304 support suggests short term topping at 1.4466 in USD/CAD. Intraday bias is back on the downside for pull back to 55 D EMA (now at 1.4112). But downside should be contained by 38.2% retracement of 1.3418 to 1.4466 at 1.4066 to bring rebound. […]