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Daily Pivots: (S1) 1.3263; (P) 1.3292; (R1) 1.3331; More… Outlook in GBP/USD is unchanged and intraday bias stays neutral. On the upside, decisive break of 1.3433/42 key resistance zone will confirm larger up trend resumption. Nevertheless, below 1.3138 will resume the correction from 1.3442. But downside should be contained by 38.2% retracement of 1.2099 to […]

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EUR/USD Mid-Day Outlook

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09/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0922; (P) 1.0951; (R1) 1.0978; More… Range trading continues in EUR/USD and intraday bias remains neutral at this point. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 support next. However, break of 1.0997 will turn bias back to the upside for retesting 1.1138 […]
29/01/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.64; (P) 162.17; (R1) 162.77; More… Outlook in EUR/JPY is unchanged and intraday bias stays neutral. Corrective pattern from 154.40 could extend. On the upside, break of 164.07 will target 164.89 and above. On the downside, break of 160.94 minor support will bring deeper fall through 159.74 support. In the bigger picture, […]
04/04/2025

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3978; (P) 1.4148; (R1) 1.4269; More… USD/CAD rebounded ahead of 61.8% projection of 1.4791 to 1.4150 from 1.4414 at 1.4018, and intraday bias is turned neutral. For now, risk will remain on the downside as long as 1.4414 resistance holds. Break of 1.4026 will target 1.3946 key support next. Nevertheless, break of […]