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Daily Pivots: (S1) 1.3937; (P) 1.3967; (R1) 1.3998; More… Intraday bias in USD/CAD remains neutral and further rise is expected with 1.3898 support intact. Above 1.4014 will resume the rebound from 1.3749 short term bottom to 1.4150 cluster resistance (38.2% retracement of 1.4791 to 1.3749 at 1.4147). However, firm break of 1.3898 will bring retest […]

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21/07/2024

EUR/GBP Weekly Outlook

EUR/GBP recovered after edging lower to 0.8382 last week. With break of 55 4H EMA (now at 0.8421), initial bias is mildly on the upside for stronger rebound to 55 D EMA (now at 0.8477). Nevertheless, outlook will stay bearish as long as 0.8498 resistance holds, and larger down trend should resume through 0.8382 at […]
06/03/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6944; (P) 1.7019; (R1) 1.7106; More… Intraday bias in EUR/AUD stays on the upside for the moment. Current rise from 1.5963 should target 100% projection of 1.5963 to 1.6800 from 1.6355 at 1.7192, which is close to 1.7180 high. On the downside, below 1.6955 minor support will turn intraday bias neutral and […]
17/10/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8625; (P) 0.8641; (R1) 0.8672; More… Intraday bias in USD/CHF remains on the upside as rise from 0.8374 is in progress. Sustained break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should then be seen to 61.8% […]