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USD/CAD stayed in consolidations last week and outlook is unchanged. Initial bias remains neutral this week, and further rally is expected as long as 1.3930 support holds. Break of 1.4078 will resume the rise from 1.3538 to 61.8% retracement of 1.4791 to 1.3538 at 1.4312. In the bigger picture, price actions from 1.4791 medium term […]

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EUR/GBP Weekly Outlook

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25/03/2025

AUD/USD Daily Report

Daily Pivots: (S1) 0.6268; (P) 0.6286; (R1) 0.6305; More… No change in AUD/USD’s outlook and intraday bias stays neutral at this point. On the downside, firm break of near term trend line support (now at 0.6255) will argue that corrective pattern from 0.6087 has already completed. Intraday bias will be back on the downside for […]
30/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8522; (P) 0.8545; (R1) 0.8558; More… Intraday bias in EUR/GBP remains on the downside for the moment. Corrective rebound from 0.8497 should have completed at 0.8643, after rejection by trend line resistance. Deeper fall would be seen to retest 0.8491/7 support zone. On the upside, above 0.8582 minor resistance will turn intraday […]
29/11/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0950; (P) 1.0980; (R1) 1.1024; More… EUR/USD’s rally resumed by breaking through 1.0964 and intraday bias is back on the upside. Current rise from 1.0447 should now target 1.1274 resistance next. But strong resistance should be seen there to limit upside. On the downside, below 1.0933 minor support will turn intraday bias […]