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Daily Pivots: (S1) 154.34; (P) 154.78; (R1) 155.64; More… Range trading continues in USD/JPY and intraday bias remains neutral at this point. On the downside, firm break of 153.70 will resume the fall from 158.86 to 38.2% retracement of 139.57 to 158.86 at 151.49. Nevertheless, break of 156.74 resistance will indicate that fall from 158.86 […]

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25/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 201.51; (P) 202.11; (R1) 203.09; More… Intraday bias in GBP/JPY remains on the upside for 61.8% projection of 191.34 to 200.72 from 197.18 at 202.97. Firm break there will pave the way to 100% projection at 206.56 next. on the downside, below 200.46 minor support will turn intraday bias neutral first. But […]
17/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8333; (P) 0.8356; (R1) 0.8386; More… Intraday bias in EUR/GBP remains neutral for the moment as range trading continues. Further decline is still in favor. On the downside, firm break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to 0.8309 […]
12/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9575; (P) 0.9589; (R1) 0.9602; More… EUR/CHF’s consolidation continues below 0.9630 temporary top and intraday bias remains neutral. As long as 0.9510 support holds, further rally is still expected. On the upside, break of 0.9630 will resume the rise from 0.9252 and target 161.8% projection of 0.9252 to 0.9471 from 0.9304 at […]