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Daily Pivots: (S1) 1.3440; (P) 1.3467; (R1) 1.3485; More… USD/CAD dips notably in early US session but stays well above 1.3357 support. Intraday bias remains neutral first and further rally is in favor. On the upside, decisive break of 1.3540/3 will resume the rise from 1.3176. That will also revive that case that whole fall […]

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EUR/USD Mid-Day Outlook

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02/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1028; (P) 1.1086; (R1) 1.1127; More…. Intraday bias in EUR/USD remains neutral first and more consolidations would be seen below 1.1213 short term top. Nevertheless, further rally is still expected 1.1001 cluster support holds (38.2% retracement of 1.0665 to 1.1213 at 1.1004). Break of 1.1213 will target 1.1274 high. However, decisive break […]
08/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6038; (P) 1.6067; (R1) 1.6088; More… Intraday bias in EUR/AUD remains neutral as consolidation from 1.5996 is still extending. Outlook will remain bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there […]
02/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.27; (P) 155.13; (R1) 157.26; More… USD/JPY’s correction from 160.20 short term top extended with another dip to 152.99, but quickly recovered again. For now, risk will be mildly on the downside as long as 157.98 resistance holds. Deeper pullback would be seen to 55 D EMA (now at 152.25), and possibly […]