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Daily Pivots: (S1) 1.1503; (P) 1.1567; (R1) 1.1649; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen below 1.1630 temporary top. . Further rally is expected as long as 1.1372 support holds. Above 1.1630 will resume the rally from 1.0176 to 61.8% projection of 1.0176 to 1.1572 from 1.1064 at 1.1927. […]

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02/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2481; (P) 1.2516; (R1) 1.2564; More… Intraday bias in GBP/USD remains neutral as range trading continues. On the upside, above 1.2568 will resume the rebound from 1.2298 to 55 D EMA (now at 1.2578). Sustained break there will argue that fall from 1.2892 has completed already, and bring further rise to this […]
11/12/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4160; (P) 1.4178; (R1) 1.4199; More… Intraday bias in USD/CAD remains on the upside for the moment. Current rally is part of the larger up trend and should target 1.4391 projection level. On the downside, below 1.4092 minor support will delay the bullish case, and bring more consolidations first, before staging another […]
14/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6295; (P) 1.6324; (R1) 1.6357; More… No change in EUR/AUD’s outlook and intraday bias stays neutral. While stronger recovery might be seen, further decline is expected as long as 1.6494 resistance holds. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 will turn […]