Daily Pivots: (S1) 1.0802; (P) 1.0824; (R1) 1.0845; More…. Intraday bias in EUR/USD remains neutral for consolidations below 1.0844 temporary top. Further rally is in favor as long as 55 4H EMA (now at 1.0783) holds. On the upside, above 1.0844 will resume the rebound from 1.0665 to retest 1.0915 resistance. Firm break there will […]
Aug 08, 2024
USD/CAD Daily Outlook
Daily Pivots: (S1) 1.3722; (P) 1.3756; (R1) 1.3792; More… Intraday bias in USD/CAD remains on the downside as pullback from 1.3946 short term top extends. Sustained break of 55 D EMA (now at 1.3726) would dampen the original bullish outlook and bring deeper fall. On the upside, above 1.3790 minor resistance will bring retest of […]
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