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Daily Pivots: (S1) 0.8553; (P) 0.8584; (R1) 0.8640; More… Intraday bias in EUR/GBP remains neutral for the moment. 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 from […]

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06/03/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2808; (P) 1.2855; (R1) 1.2941; More… GBP/USD’s rally is from 1.2099 is still in progress and intraday bias stays on the upside. Sustained break of 61.8% retracement of 1.3433 to 1.2099 at 1.2923 will pave the way back to 1.3433 high. On the downside, below 1.2803 minor support will turn intraday bias […]
06/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3775; (P) 1.3861; (R1) 1.3913; More… Intraday bias in USD/CAD turned neutral with the current retreat. But further rise is expected as long as 1.3786 support holds. Break of 1.3946 will target 61.8% projection of 1.3176 to 1.3845 from 1.3588 at 1.4025 next. Nevertheless, firm break of 1.3786 will turn bias back […]
16/12/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.80; (P) 153.30; (R1) 154.14; More… Intraday bias in USD/JPY remains on the upside as rebound from 148.64 is in progress. Further rally should be seen to retest 156.74 first. Firm break there will resume whole rally from 139.57, and target 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 next. […]