Author: Omada Admin

  • USD/CAD Daily Outlook

    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…

  • USD/CHF Daily Outlook

    Daily Pivots: (S1) 0.8318; (P) 0.8349; (R1) 0.8378; More…. Intraday bias in USD/CHF remains neutral as sideway trading continues. On the downside, firm break of 0.8323 support will argue that corrective rebound from 0.8038 has completed at 0.8475, after rejection by 38.2% retracement of 0.9200 to 0.8038 at 0.8482. Intraday bias will be back on…

  • GBP/USD Daily Outlook

    Daily Pivots: (S1) 1.3283; (P) 1.3344; (R1) 1.3421; More… Intraday bias in GBP/USD is mildly on the upside for 1.3433/42 key resistance zone. Decisive break there will confirm larger up trend resumption. On the downside, though, below 1.3249 support will extend the corrective pattern from 1.3442 with another falling leg. In the bigger picture, up…

  • USD/JPY Daily Outlook

    Daily Pivots: (S1) 144.52; (P) 145.00; (R1) 145.33; More… Intraday bias in USD/JPY remains neutral first. Further rally is in favor as long as 144.02 support holds. Above 146.08 minor resistance will target 148.64 first. Firm break there will resume the rally from 139.87 to 61.8% retracement of 158.86 to 139.87 at 151.60 next. However,…

  • EUR/USD Daily Outlook

    Daily Pivots: (S1) 1.1180; (P) 1.1234; (R1) 1.1296; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, decisive break of 1.1292 resistance should indicate that correction from 1.1572 has already completed after defending 38.2% retracement of 1.0176 to 1.1572 at 1.1039. Intraday bias will be turned back to the upside for…

  • EUR/CHF Daily Outlook

    Daily Pivots: (S1) 0.9348; (P) 0.9373; (R1) 0.9409; More…. EUR/CHF is still bounded in sideway trading and intraday bias stays neutral. Price actions from 0.9218 are seen as either a corrective move or the third leg of the pattern from 0.9204. On the upside, break of 0.9419 will resume the rise from 0.9218 through 0.9445…

  • EUR/AUD Daily Outlook

    Daily Pivots: (S1) 1.7359; (P) 1.7439; (R1) 1.7488; More… Intraday bias in EUR/AUD stays neutral for the moment. On the upside, firm break of 1.7628 resistance will suggest that fall from 1.8554 as completed as a correction, and retain larger bullishness. Intraday bias will be back on the upside for stronger rebound. However, below 1.7245…

  • EUR/GBP Daily Outlook

    Daily Pivots: (S1) 0.8402; (P) 0.8415; (R1) 0.8426; More… Despite some loss of momentum, further fall is still in favor in EUR/GBP with 0.8439 minor resistance holds. Current decline from 0.8737 should target 0.8221/8239 support zone. On the upside, above 0.8439 will turn bias back to the upside for stronger rebound instead. In the bigger…

  • EUR/JPY Daily Outlook

    Daily Pivots: (S1) 162.17; (P) 162.78; (R1) 163.42; More… Range trading continues in EUR/JPY and intraday bias remains neutral. Further rally is in favor as long as 161.57 support holds. Break of 165.19 will resume the rise from 154.77 to 166.67 resistance. However, firm break of 161.57 will indicate near term reversal, and turn bias…

  • GBP/JPY Daily Outlook

    Daily Pivots: (S1) 192.86; (P) 193.47; (R1) 194.16; More… Intraday bias in GBP/JPY stays neutral and more more consolidations could be seen below 196.38. Further rise is in favor as long as 190.22 support holds. On the upside, firm break of 195.95 will suggest that whole choppy decline from 199.79 has completed, and target this…