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Daily Pivots: (S1) 1.3439; (P) 1.3469; (R1) 1.3517; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, break of 1.3419 and sustained trading below 1.3439 support will argue that rebound from 1.3176 has completed as a corrective move to 1.3605. Near term outlook will be turned bearish for 1.3357 support first. […]

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GBP/JPY Daily Outlook

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24/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3814; (P) 1.3839; (R1) 1.3861; More… Rise from 1.3418 is still in progress in USD/CAD despite loss of upside moment as seen in 4H MACD. Next target is 1.3946/76 key resistance zone. Strong resistance might be seen there to limit upside. However, break of 1.3746 support will confirm short term topping, and […]
28/02/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0830; (P) 1.0848; (R1) 1.0863; More… EUR/USD dips notably today but stays above 1.0761 minor support. Intraday bias stays neutral for the moment. On the upside, break of 1.0887 and sustained trading above 55 D EMA (now at 1.0832) will affirm the case that fall from 1.1138 has completed. Stronger rally would […]
24/02/2024

GBP/JPY Weekly Outlook

GBP/JPY’s up trend continued last week and there is no sign of topping yet. Initial bias remains on the upside this week for 61.8% projection of 178.71 to 188.90 from 185.21 at 191.50. Firm break there will target 100% projection at 195.40. On the downside, below 189.83 minor support will turn intraday bias neutral and […]