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Daily Pivots: (S1) 1.4290; (P) 1.4346; (R1) 1.4379; More… Intraday bias in USD/CAD remains neutral as range trading continues. On the downside, break of 1.4238 support will argue that corrective pattern from 1.4791 has started the third leg already. Intraday bias will be back on the downside for 1.4150 support and below. On the upside, […]

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05/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8867; (P) 0.8919; (R1) 0.8954; More…. Immediate focus is now on 0.8883 fibonacci level as USD/CHF’s fall from 0.9223 extended. Sustained break there will carry larger bearish implications. Nevertheless, strong rebound from current level, followed by break of 0.8987 support turned resistance, will suggest that correction from 0.9223 has completed, and retain […]
05/03/2025

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4330; (P) 1.4437; (R1) 1.4503; More… Intraday bias in USD/CAD is turned neutral first with current retreat. Further rally will remain in favor as long as 55 4H EMA (now at 1.4367 holds). Above 1.4541 will target a retest on 1.4791 high. Nevertheless, sustained trading below 55 4H EMA will argue that […]
31/01/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8357; (P) 0.8373; (R1) 0.8387; More… EUR/GBP’s fall from 0.8472 is in progress and intraday bias stays on the downside. Sustained break of 55 D EMA (now at 0.8355) will argue that whole rebound from 0.8221 has completed at 0.8472 as a corrective move. Nevertheless, strong bounce from the 55 D EMA, […]