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Daily Pivots: (S1) 1.3920; (P) 1.3947; (R1) 1.3977; More… Sideway trading continues in USD/CAD below 1.4014 and intraday bias stays neutral. Further rise is in favor with 1.3898 support intact. On the upside, 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 […]

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EUR/USD Daily Outlook

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EUR/USD Mid-Day Outlook

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21/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3674; (P) 1.3697; (R1) 1.3713; More… No change in USD/CAD’s outlook as range trading continues below 1.3790. Corrective fall from 1.3845 should have completed already. Further rally is expected as long as 1.3662 support holds. Break of 1.3790 will target a retest on 1.3845 first. Nevertheless, break of 1.3662 will turn bias […]
26/10/2024

EUR/AUD Weekly Outlook

EUR/AUD’s last break of 1.6351 resistance last week suggests that rebound from 1.6002 is resuming. Initial bias is now on the upside this week for 38.2% of 1.7180 to 1.6002 at 1.6452. Decisive break there should confirm that whole fall from 1.7180 has completed with three waves down to 1.6002, after being supported by 1.5996. […]
12/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 168.24; (P) 168.83; (R1) 169.37; More… Intraday bias in EUR/JPY remains neutral as range trading continues. On the downside, break of 168.01 support will strengthen the case that rise from 164.31 has completed at 170.78 already. Intraday bias will be back on the downside for 167.31 support, and then 164.01. Nevertheless, break […]