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Daily Pivots: (S1) 151.06; (P) 151.68; (R1) 152.12; More… Intraday bias in USD/JPY remains on the downside for the moment. Fall from 158.86 is seen as the third leg of the pattern from 161.94 high. Deeper decline should be seen to 61.8% retracement of 139.57 to 158.86 at 146.32 next. On the upside, above 151.22 […]

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USD/CAD Daily Outlook

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27/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3663; (P) 1.3685; (R1) 1.3725; More… Intraday bias in USD/CAD is turned neutral with current rebound. Outlook is unchanged that corrective pattern from 1.3845 is still extending. Below 1.3626 will target 1.3589 cluster support. Nevertheless, break of 1.3717 will turn bias back to the upside for 1.3790 resistance instead. In the bigger […]
29/02/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6473; (P) 0.6512; (R1) 0.6534; More… Intraday bias AUD/USD remains mildly on the downside for retesting 0.6442 support first. Firm break there will resume whole decline from 0.6870, and target 61.8% projection of 0.6870 to 0.6442 from 0.6594 at 0.6329 next. On the upside, above 0.6524 minor resistance will turn intraday bias […]
05/02/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2410; (P) 1.2451; (R1) 1.2524; More… GBP/USD’s corrective rebound from 1.2099 extends through 1.2522. But upside is still expected to be limited by 38.2% retracement of 1.3433 to 1.2099 at 1.2609. On the downside, break of 1.2248 support will bring retest of 1.2099 first. Firm break there will resume whole decline from […]