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Daily Pivots: (S1) 0.9326; (P) 0.9347; (R1) 0.9369; More…. Sideway trading continues in EUR/CHF and intraday bias remains 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 resistance. However, […]

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22/11/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3944; (P) 1.3963; (R1) 1.3994; More… USD/CAD recovered after brief dip to 1.3930 and intraday bias stays neutral first. On the downside, break of 1.3930 will extend the corrective fall from 1.4104 to 1.3841 cluster support (38.2% retracement of 1.3418 to 1.4104 at 1.3842). Nevertheless, above 1.4035 minor resistance will bring retest […]
06/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3487; (P) 1.3515; (R1) 1.3570; More… Intraday bias in USD/CAD stays neutral for the moment. On the upside, break of 1.3540 will resume the rise from 1.3176. That will also revive that case that whole fall from 1.3897 has completed, and target this resistance. Nevertheless, firm break of 1.3357 support will argue […]
12/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 184.10; (P) 185.29; (R1) 186.86; More… Intraday bias in GBP/JPY is turned neutral with current recovery.. But further decline is expected as long as 189.77 resistance holds. Below 183.70 will bring retest of 180.00 low. Break there will resume whole fall from 208.09 to 175.94 fibonacci level. In the bigger picture, price […]