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Daily Pivots: (S1) 1.3576; (P) 1.3626; (R1) 1.3653; More… Intraday bias in USD/CAD remains on the downside at this point. Decisive break of 61.8% projection of 1.4414 to 1.3749 from 1.4014 at 1.3603 will pave the way to 100% projection at 1.3349. On the upside, through, break of 1.3727 resistance will turn bias back to […]

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EUR/USD Daily Outlook

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14/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0923; (P) 1.0938; (R1) 1.0954; More…. Intraday bias in EUR/USD remains neutral for the moment. Further decline is expected as long as 1.0996 resistance holds. On the downside, sustained break of 38.2% retracement of 1.0447 to 1.1213 at 1.0920 will argue that fall from 1.1213 is the third leg of the corrective […]
05/02/2025

AUD/USD Daily Report

Daily Pivots: (S1) 0.6197; (P) 0.6230; (R1) 0.6288; More… Intraday bias in AUD/USD stays neutral as consolidation continues above 0.6087. Further decline is expected as long as 0.6329 resistance holds. Break of 0.6087 will resume larger decline from 0.6941. However, firm break of 0.6329 will turn bias back to the upside for stronger rebound. In […]
12/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0829; (P) 1.0864; (R1) 1.0904; More…. No change in EUR/USD’s outlook and intraday bias stays on the upside for retesting 1.0915 resistance. Decisive break there will resume whole rally from 1.0601 and target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0919 next. For now, risk will stay on the upside […]