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Daily Pivots: (S1) 144.52; (P) 145.00; (R1) 145.33; More… Intraday bias in USD/JPY stays neutral at this point. Further rally is in favor as long as 144.02 support holds. Above 146.08 minor resistance will target 148.64 first. Firm break there will resume the rally from 139.87 to 61.8% retracement of 158.86 to 139.87 at 151.60 […]

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EUR/USD Mid-Day Outlook

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GBP/USD Mid-Day Outlook

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19/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0713; (P) 1.0737; (R1) 1.0765; More…. Intraday bias in EUR/USD remains neutral and outlook is unchanged. More consolidations could be seen but further fall is expected as long as 55 4H EMA (now at 1.0763) holds. Fall from 1.0915 is seen as another leg in the larger corrective pattern. Below 1.0677 will […]
27/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2594; (P) 1.2644; (R1) 1.2672; More… Further decline is expected in GBP/USD as long as 1.2702 resistance holds. Sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. On the upside, however, firm break of 1.2702 resistance will argue that pull […]
09/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3623; (P) 1.3635; (R1) 1.3647; More… Intraday bias in USD/CAD stays neutral and outlook is unchanged. Corrective pattern from 1.3845 could still extend. Break of 1.3589 will target 100% projection of 1.3845 to 1.3589 from 1.3790 at 1.3534. Strong support would be seen there to bring rebound. On the upside, above 1.3686 […]