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Daily Pivots: (S1) 185.88; (P) 187.41; (R1) 188.28; More… Intraday bias in GBP/JPY is turned neutral first with current recovery. Risk will stay mildly on the downside as long as 55 4H EMA (now at 189.93) holds. Break of 184.35 will resume the whole fall from 199.79. Nevertheless, sustained trading above 55 4H EMA will […]

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27/03/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0729; (P) 1.0767; (R1) 1.0789; More… Outlook in EUR/USD is unchanged that strong support is expected from 38.2% retracement of 1.0358 to 1.0953 at 1.0726 to completion the correction from 1.0953. On the upside, break of 1.0857 will bring retest of 1.0953 first. Firm break there will resume larger rise from 1.0176. […]
12/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8589; (P) 0.8603; (R1) 0.8612; More… EUR/GBP is extending the consolidation from 0.8585 temporary low and intraday bias stays neutral. Further decline is in favor with 0.8638 minor resistance intact. On the downside, break of 0.8585 will resume the fall from 0.8713 to 0.8548 support first. Break there will target 0.8491 low […]
07/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3538; (P) 1.3565; (R1) 1.3602; More… Intraday bias in USD/CAD remains mildly on the upside for the moment. Rebound from 1.3148 is in progress for 38.2% retracement of 1.3946 to 1.3418 at 1.3505. Decisive break there will target 61.8% retracement at 1.3559 next. On the downside, however, break of 1.3516 minor support […]