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Daily Pivots: (S1) 189.27; (P) 191.31; (R1) 192.78; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Corrective rebound from 180.00 might have completed with three waves up to 195.95. Risk will stay on the downside as long as 195.95 resistance holds. Below 189.54 will target 183.70 support. However, break of 195.95 will […]

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23/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3545; (P) 1.3567; (R1) 1.3593; More… Intraday bias in USD/CAD remains neutral as range trading continues. On the downside, break of 1.3532 will argue that corrective recovery from 1.3439 has already completed, and bring retest of this low. Nevertheless, firm break of 1.3646 will bring stronger rebound to 61.8% retracement of 1.3946 […]
12/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8544; (P) 0.8562; (R1) 0.8573; More…. Intraday bias in EUR/GBP remains neutral for the moment. Some consolidations would be seen below 0.8624, with risk of deeper pullback. But downside should be contained by 38.2% retracement of 0.8382 to 0.8624 at 0.8532 to bring another rally. On the upside, firm break of 0.8624 […]
11/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0692; (P) 1.0779; (R1) 1.0830; More… Intraday bias in EUR/USD remains on the downside for 1.0694/0723 support zone. Decisive break there will resume whole fall from 1.1138. Next target is 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536. On the upside, above 1.0790 minor resistance will turn intraday bias neutral […]