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Daily Pivots: (S1) 0.8817; (P) 0.8839; (R1) 0.8865; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.8916 is extending. Further rally is expected as long as 0.8773 resistance turned support holds. On the upside, break of 0.8916 and sustained trading above 61.8% retracement of 0.9223 to 0.8374 at 0.8899 will pave the way […]

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EUR/CHF Daily Outlook

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04/05/2024

EUR/AUD Weekly Outlook

EUR/AUD’s fall from 1.6742 continued last week despite interim strong rebound. Initial bias stays on the downside this week. This decline is seen as the third leg of the corrective pattern from 1.7062. Further fall should be seen to expected to 1.6127 support, or further to 100% projection of 1.7062 to 1.6127 from 1.6742 at […]
14/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 154.70; (P) 156.09; (R1) 156.79; More.. EUR/JPY’s break of 155.98 minor support suggests that recovery from 153.15 has completed at 157.67 already. Intraday bias is back on the downside for retesting 153.15 first. Firm break there will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. For […]
29/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 197.97; (P) 198.67; (R1) 199.52; More… Intraday bias in GBP/JPY remains on the upside for the moment. Current rise from 180.00 should target a retest on 208.09 high next. On the downside, below 196.37 minor support will turn intraday bias neutral again first. In the bigger picture, price actions from 208.09 are […]