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Daily Pivots: (S1) 1.3525; (P) 1.3559; (R1) 1.3597; More… Intraday bias in GBP/USD remains neutral and some consolidations could be seen below 1.3592 temporary top. Downside should be contained well above 1.3138 support to bring another rally. On the upside, firm break of 1.3592 will turn bias back to the upside for 100% projection of […]

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20/02/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 157.36; (P) 158.24; (R1) 158.77; More… Intraday bias in EUR/JPY is back on the downside as fall from 161.17 accelerates lower. Break of 155.72 support will be a strong sign that whole fall from 175.41 is resuming. Retest of 154.40 support should be seen next and firm break there should confirm. Nevertheless, […]
08/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 205.21; (P) 205.83; (R1) 206.67; More… Intraday bias in GBP/JPY remains on the upside for the moment. Firm break of 100% projection of 191.34 to 200.72 from 197.18 at 206.56 will target 138.2% projection at 210.17. On the downside, below 204.97 minor support will turn bias to the downside for deeper pull […]
15/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3616; (P) 1.3630; (R1) 1.3649; More… Break of 1.3652 resistance suggests that a short term bottom was formed at 1.3588, after hitting 1.3589 support. Intraday bias is back on the upside for 13790 resistance. On the downside, firm break of 1.3589 will extend the corrective pattern from 1.3845 to 100% projection of […]