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Daily Pivots: (S1) 1.4282; (P) 1.4324; (R1) 1.4348; More… Intraday bias in USD/CAD stays neutral at this point. Downside of the consolidation from 1.4791 should be contained by 1.4260 cluster support (38.2% retracement of 1.3418 to 1.4791 at 1.4267), which is also close to 55 D EMA (now at 1.4264). On the upside, above 1.4501 […]

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18/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0907; (P) 1.0928; (R1) 1.0960; More…. Intraday bias in EUR/USD remains on the upside for the moment. Rally from 1.0601 is in progress and should target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0979. On the downside, below 1.0871 minor support will turn intraday bias neutral gain first. In the […]
13/01/2025

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4388; (P) 1.4416; (R1) 1.4455; More… Intraday bias in USD/CAD remains neutral for the moment. On the upside, break of 1.4466 will resume larger up trend to 1.4667/89 long term resistance zone. However, break of 1.4279 will extend the corrective pattern from 1.4466 with another falling leg. In the bigger picture, up […]
27/03/2024

USDCHF Wave Analysis

USDCHF broke the resistance level 0.8875 Likely to rise to resistance level 0.9100 USDCHF currency pair recently broke the resistance level 0.8875 (which has been reversing the price from February), intersecting with the 61.8% Fibonacci correction of the downward impulse from October. The breakout of the resistance level 0.8875 accelerated the C-wave of the active […]