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Daily Pivots: (S1) 1.4400; (P) 1.4432; (R1) 1.4481; More… Break of 1.4304 support suggests short term topping at 1.4466 in USD/CAD. Intraday bias is back on the downside for pull back to 55 D EMA (now at 1.4112). But downside should be contained by 38.2% retracement of 1.3418 to 1.4466 at 1.4066 to bring rebound. […]

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29/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8809; (P) 0.8828; (R1) 0.8851; More… Intraday bias in USD/CHF remains neutral for the moment. Further rally is still in favor as long as 0.8800 support holds. On the upside, break of 0.8956 will resume the rally from 0.8374, and target 0.9223 key resistance next. However, firm break of 0.8800 will confirm […]
17/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6143; (P) 1.6181; (R1) 1.6212; More… Intraday bias in EUR/AUD is turned neutral first with current recovery. Some consolidations could be seen above 1.6148. But outlook will stay bearish as long as 1.6418 resistance holds. Firm break of 61.8% projection of 1.6679 to 1.6211 from 1.6418 at 1.6129 will pave the way […]
24/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3278; (P) 1.3318; (R1) 1.3389; More… GBP/USD’s rally is still in progress and intraday bias stays on the upside. Decisive break of 61.8% projection of 1.2664 to 1.3265 from 1.3000 at 1.3371 will pave the way to 100% projection at 1.3601 next. On the downside, below 1.3247 minor support will turn intraday […]