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Daily Pivots: (S1) 1.4046; (P) 1.4075; (R1) 1.4118; More… Intraday bias in USD/CAD remains on the upside at this point. Current rally should target 61.8% projection of 1.3418 to 1.3958 from 1.3841 at 1.4175. On the downside, below 1.4032 minor support will turn intraday bias neutral and bring consolidations first. But outlook will stay bullish […]

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06/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3633; (P) 1.3663; (R1) 1.3715; More… Intraday bias in USD/CAD remains neutral for the moment. Strong rebound from current level, followed by break of 1.3782 resistance, will retain near term bullishness. Further break of 1.3845 will resume larger rise from 1.3176 towards 1.3976 key resistance next. However, sustained trading below 55 D […]
29/11/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.91; (P) 187.39; (R1) 187.73; More… Intraday bias in GBP/JPY remains neutral for the moment, and some more consolidations could be seen below 188.63. While deeper retreat cannot be ruled out, near term outlook will stay bullish as long as 184.44 support holds. On the upside, break of 188.63 will resume larger […]
21/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 158.25; (P) 158.59; (R1) 159.28; More… USD/JPY’s rise from 151.85 is still in progress and intraday bias stays on the upside. Further rally could be seen to 160.20 high, or possibly to 100% projection of 151.86 to 157.70 from 154.53 at 160.37. But upside should be limited there, at least on first […]