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Daily Pivots: (S1) 1.3297; (P) 1.3359; (R1) 1.3444; More… Further rally is expected in GBP/USD as long as 1.3277 support holds. Current rise should extend to retest 1.3433 high. Firm break there will confirm larger up trend resumption and target 100% projection of 1.2099 to 1.3206 from 1.2706 at 1.3813. Nevertheless, considering bearish divergence condition […]

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25/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6554; (P) 0.6588; (R1) 0.6610; More… AUD/USD is still bounded in consolidation from 0.6524 and intraday bias stays neutral at this point. With 0.6639 support turned resistance intact, further decline is expected. Firm break of 0.6524 support will argue that whole rebound from 0.6269 has completed, and bring deeper fall to this […]
21/05/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3602; (P) 1.3618; (R1) 1.3641; More… USD/CAD recovered notably today but stays below 1.3689 resistance. Intraday bias stays neutral first. Strong bounce from current level will confirm support by 55 D EMA (now at 1.3628). Break of 1.3689 minor resistance will argue that correction from 1.3845 has completed, and bring stronger rally […]
04/03/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2614; (P) 1.2669; (R1) 1.2757; More… Intraday bias in GBP/USD remains on the upside as rise from 1.2099 is in progress for 1.2810 resistance. Firm break there will target 61.8% retracement of 1.3433 to 1.2099 at 1.2923. On the downside, break of 1.2558 will turn bias back to the downside for near […]