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Daily Pivots: (S1) 1.3510; (P) 1.3530; (R1) 1.3566; More… GBP/USD’s fall from 1.3594 resumed by diving through 1.3389 support and intraday bias is back on the downside. Corrective pattern from 1.3787 is extending with another falling leg. Deeper decline would be seen back to 1.3140 support. But downside should be contained by 38.2% retracement of […]

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01/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2626; (P) 1.2657; (R1) 1.2693; More… Intraday bias in GBP/USD remains neutral as sideway trading continues. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue that whole rise […]
11/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3747; (P) 1.3764; (R1) 1.3775; More… Intraday bias in USD/CAD remains mildly on the upside at this point. Correction from 1.3845 might have completed at 1.3589 already. Further rise would be seen to retest 1.3845 high. On the downside, break of 1.3662 support will extend the corrective pattern from 1.3845 with another […]
27/08/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.7866; (P) 1.7968; (R1) 1.8028; More… EUR/AUD’s fall from 1.8155 extended lower and the break of 1.79042 support turns intraday bias to the downside. Deeper fall would be seen back to 1.7671 support. Firm break there will suggest that whole rally from 1.7245 has completed. On the upside, above 1.8028 will turn […]