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Daily Pivots: (S1) 1.7490; (P) 1.7560; (R1) 1.7616; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, firm break of 1.7886 resistance will argue that fall from 1.8553 has completed as a correction at 1.7380. Intraday bias will be turned back to the upside for retesting 1.8554. However, sustained trading below […]

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USD/CAD Daily Outlook

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06/03/2025

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4300; (P) 1.4300; (R1) 1.4419; More… USD/CAD’s firm break of 55 4H EMA (now at 1.4362) suggests that rebound from 1.4150 has completed at 1.4541 already. Fall from there is seen as the third leg of the corrective pattern from 1.4791. Intraday bias is back on the downside for 1.4150 support first. […]
04/03/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.63; (P) 149.97; (R1) 150.83; More… Intraday bias in USD/JPY is turned neutral again as it quickly reversed after recovering to 151.29. Overall outlook is unchanged that the decline from 158.86 is seen as the third leg of the corrective pattern from 161.94 high. On the downside, below 148.55 will resume the […]
09/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 193.59; (P) 194.05; (R1) 194.83; More.. Intraday bias in GBP/JPY is mildly on the upside with break of 55 4H EMA. Pull back from 200.53 should have completed at 191.34. Rebound from there is seen as the second leg of the corrective pattern. Further rise would be seen back to 197.40 resistance. […]