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Daily Pivots: (S1) 1.0368; (P) 1.0405; (R1) 1.0440; More… Outlook in EUR/USD is unchanged and strong resistance is expected from 1.0531 to cap upside of the corrective pattern from 1.0176. On the downside, break of 1.0176 will resume whole fall from 1.1213. However, sustained break of 1.0531 will rise the chance of bullish reversal and […]

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EUR/AUD Daily Outlook

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08/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2773; (P) 1.2796; (R1) 1.2837; More… Rise from 1.2612 is in progress, and intraday bias in GBP/USD remains on the upside for 1.2859 resistance. Firm break there will resume the rally from 1.2298 and target 61.8% projection of 1.2298 to 1.2859 from 1.2612 at 1.2959. Decisive break there would prompt upside acceleration […]
03/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3646; (P) 1.3701; (R1) 1.3735; More… Range trading continues in USD/CAD and intraday bias remains neutral. Consolidation from 1.3845 could extend further. While another fall could be seen, downside should be contained by 1.3589 cluster support (38.2% retracement of 1.3176 to 1.3845 at 1.3589) to bring rebound. Break of 1.3790 resistance will […]
24/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1073; (P) 1.1121; (R1) 1.1158; More…. Intraday bias in EUR/USD remains neutral as consolidations continues below 1.1200. Further rally is expected as long as 1.1001 support holds. On the upside, above 1.1200 will target 1.1274 high. Firm break there will resume larger up trend. However, firm break of 1.1001 will indicate near […]