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Daily Pivots: (S1) 151.83; (P) 152.49; (R1) 152.96; More… Intraday bias in USD/JPY stays neutral first. Strong support from 38.2% retracement of 139.57 to 158.86 at 151.49 would maintain near term bullishness. On the upside, break of 154.79 will revive the case that correction from 158.86 has completed at 150.29. Further rise should be seen […]

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16/01/2025

AUD/USD Daily Report

Daily Pivots: (S1) 0.6190; (P) 0.6218; (R1) 0.6256; More… AUD/USD is staying in consolidation above 0.6130 and intraday bias remains neutral. Further decline is expected as long as 0.6310 resistance holds. Break of 0.6130 will resume the fall from 0.6941 to 61.8% projection of 0.6687 to 0.6198 from 0.6301 at 0.5999. However, considering bullish convergence […]
11/11/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3868; (P) 1.3898; (R1) 1.3939; More… Range trading continues in USD/CAD below 1.3958 and intraday bias remains neutral. Further rally is expected as long as 1.3822 support holds. On the upside, decisive break of 1.3976 key resistance will confirm larger up trend resumption. On the downside break of 1.3822 support will bring […]
03/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.37; (P) 154.33; (R1) 155.60; More… Intraday bias in USD/JPY remains on the downside as fall from 160.20 is in progress. As a correction to rise from 146.47, deeper decline would be seen to 55 D EMA (now at 152.25), and possibly further to 61.8% retracement of 146.47 to 160.20 at 151.71. […]