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USD/CAD’s fall from 1.4791 extended lower last week and the development suggests that deeper correction is underway. Initial bias stays on the downside this week for 1.3946 cluster support (61.8% retracement of 1.3418 to 1.4791 at 1.3942). For now, risk will stay on the downside as long as 1.4378 resistance holds, in case of recovery. […]

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EUR/USD Weekly Outlook

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EUR/USD Daily Outlook

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13/02/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.49; (P) 159.73; (R1) 161.56; More… EUR/JPY’s strong break of 159.74 support turned resistance suggests that fall from 164.89 has completed with three waves down to 155.72, ahead of 154.40 key support. Intraday bias is back on the upside for 164.89 or even further to 166.67. On the downside, below 158.96 minor […]
23/10/2024

GBP/USD Daily Outlook

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02/03/2025

EUR/USD Weekly Outlook

EUR/USD reversed after edging higher to 1.0527 last week, and the development suggests that consolidation from from 1.0176 has already completed. Initial bias stays on the downside this week for retesting 1.0176/0210 support zone first. Firm break there will resume whole fall from 1.1213, and carry larger bearish implications. On the upside, above 1.0419 minor […]