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Daily Pivots: (S1) 1.3970; (P) 1.3990; (R1) 1.4011; More… Intraday bias in USD/CAD remains neutral as consolidations from 1.4078 is still extending. Further rally is expected as long as 1.3930 support holds. Break of 1.4078 will resume the rise from 1.3538 to 61.8% retracement of 1.4791 to 1.3538 at 1.4312. In the bigger picture, price […]

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EUR/USD Daily Outlook

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19/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8655; (P) 0.8683; (R1) 0.8700; More…. Outlook in USD/CHF is unchanged. Intraday bias stays neutral as consolidation from 0.8629 might extend further. But further decline is expected with 0.8819 resistance intact. On the downside, break of 0.8629 will resume larger fall from 0.9243 to retest 0.8551 key support next. On the upside, […]
01/11/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.72; (P) 165.71; (R1) 166.47; More…. Intraday bias in EUR/JPY stays neutral for consolidations below 166.67 temporary top. Further rally is in favor as long as 55 D EMA (now at 162.92) holds. Sustained break of 61.8% retracement of 175.41 to 154.40 at 167.38 will pave the way to retest 175.41 high. […]
21/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2596; (P) 1.2667; (R1) 1.2710; More… GBP/USD recovers today but stays in consolidation from 1.2793. Intraday bias remains neutral for the moment. While sideway trading could extend, further rally is still expected as long as 1.2499 support holds. . On the upside, firm break of 1.2793 will resume the rally from 1.2036. […]