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Daily Pivots: (S1) 1.3496; (P) 1.3518; (R1) 1.3550; More… USD/CAD’s rally from 1.3176 is resuming today by breaking 1.3585 resistance. Intraday bias is back on the upside for 100% projection of 1.3761 to 1.3540 from 1.3357 at 1.3721 next. For now, near term outlook will stay bullish as long as 1.3439 support holds, in case […]

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USD/CAD Daily Outlook

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GBP/JPY Daily Outlook

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13/11/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2685; (P) 1.2781; (R1) 1.2843; More… Outlook in GBP/USD is unchanged and intraday bias stays on the downside. Decisive break of 61.8% retracement of 1.2298 to 1.3433 at 1.2732 will extend the decline from 1.3433 to 1.2298 key support. On the upside, above 1.2833 support turned resistance will turn intraday bias neutral […]
09/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0962; (P) 1.0980; (R1) 1.0998; More…. Intraday bias in EUR/USD remains neutral for consolidations above 1.0950 temporary low. Fall from 1.1213 short term top is expected to continue as long as 1.1082 resistance holds. Below 1.0950 will target 38.2% retracement of 1.0447 to 1.1213 at 1.0920. Sustained break there will argue that […]
06/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9435; (P) 0.9452; (R1) 0.9465; More… Intraday bias in EUR/CHF remains on the downside despite some loss of downside momentum. Retest of 0.9407/16 support zone should be seen. Decisive break there will resume larger down trend. On the upside, above 0.9467 minor resistance will delay the bearish case and turn intraday bias […]