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Daily Pivots: (S1) 1.3680; (P) 1.3695; (R1) 1.3719; More… Intraday bias in USD/CAD stays neutral for the moment. Overall, price actions from 1.3538 are seen as a corrective pattern, which is now in its third leg. Stronger rise could be seen and above 1.3728 will target 1.3797 resistance and probably above. On the downside, break […]

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USD/JPY Daily Outlook

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EUR/USD Mid-Day Outlook

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14/05/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 195.20; (P) 195.79; (R1) 196.81; More… Intraday bias in GBP/JPY stays on the upside at this point. Decisive break of 195.95 resistance will suggest that whole choppy decline from 199.79 has completed, and target this resistance next. On the downside, below 194.77 minor support will turn intraday bias neutral again first. In […]
04/11/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0809; (P) 1.0857; (R1) 1.0883; More… Intraday bias in EUR/USD is back on the upside as rebound from 1.0760 short term bottom resumed. Further rise would be seen to 55 D EMA (now at 1.0940). Strong resistance should be seen there to limit upside. On the downside, below 1.0831 minor support will […]
06/05/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1285; (P) 1.1324; (R1) 1.1354; More… Intraday bias in EUR/USD stays neutral as range trading continues above 1.1265. On the downside, below 1.1265 will resume the corrective fall from 1.1572 short term top. But downside should be contained by 38.2% retracement of 1.0176 to 1.1572 at 1.1039. On the upside, break of […]