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 […]

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USD/CAD Mid-Day Outlook

24/05/2024

Daily Pivots: (S1) 1.3676; (P) 1.3710; (R1) 1.3763; More… USD/CAD’s rebound from 1.3589 extended higher today. The development indicates that correction from 1.3845 has completed with three waves down to 1.3589. Intraday bias is back on the upside for 1.3761 resistance first. Break there will bring retest of 1.3845 high. On the downside, below 1.3655 […]

06/03/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.12; (P) 149.15; (R1) 149.91; More… Intraday bias in USD/JPY is back on the downside with break of 148.08 temporary low. Fall from 158.86, as the third leg of the corrective pattern from 161.94 high, has resumed. Sustained break of 61.8% retracement of 139.57 to 158.86 at 146.32 will pave the way […]

23/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 154.57; (P) 154.71; (R1) 154.98; More… Intraday bias in USD/JPY remains mildly on the upside as up trend is extending. However, considering bearish divergence condition in 4H MACD, strong resistance should be seen from 155.20 fibonacci level to bring correction on first attempt. On the downside, break of 153.58 support will turn […]

USD/CAD Daily Outlook

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USD/CAD Mid-Day Outlook

GBP/JPY Daily Outlook

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