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Daily Pivots: (S1) 1.3111; (P) 1.3137; (R1) 1.3164; More… Intraday bias in GBP/USD remains on the downside for the moment. Current fall from 1.3787 should now target 61.8% retracement of 1.2099 to 1.3787 at 1.2744 next. Sustained break there will pave the way to 1.2099 support next. On the upside, above 1.3161 minor resistance will […]

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USD/JPY Mid-Day Outlook

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19/02/2025

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4177; (P) 1.4195; (R1) 1.4212; More… Intraday bias in USD/CAD remains neutral as consolidations continue above 1.4150 temporary low. Deeper decline is expected as long as 1.4378 resistance holds. Fall from 1.4791 is correcting whole rise from 1.3418. Break of 1.4150 will target 1.3946 cluster support (61.8% retracement of 1.3418 to 1.4791 […]
20/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2681; (P) 1.2708; (R1) 1.2747; More… Intraday bias in GBP/USD remains neutral for consolidations above 1.2666 temporary low. Deeper decline is still in favor as long as 1.2822 resistance holds. On the downside, sustained break of 55 D EMA (now at 1.2677) will target 1.2517 structural support next. In the bigger picture, […]
05/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 154.13; (P) 155.31; (R1) 156.07; More…. Intraday bias in USD/JPY is turned neutral first as it recovered after dipping to 154.53. But risk will stay on the downside as long as 157.70 resistance holds. Fall from there is seen as the third leg of the corrective pattern from 160.20. On the downside, […]