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Daily Pivots: (S1) 189.56; (P) 190.62; (R1) 192.44; More… GBP/JPY edged higher to 193.09 but quickly retreat. Intraday bias stays neutral for the moment. On the upside, firm break of 193.09 will resume the rebound from 187.04 to 194.73 resistance, and then 198.94. On the downside, firm break of 187.04 will extend the fall from […]

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15/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.71; (P) 148.04; (R1) 148.63; More… USD/JPY’s break of 148.29 minor resistance argues that fall from 150.87 is merely a correction, and has completed at 146.47. Intraday bias is back on the upside for retesting 150.87. Nevertheless, on the downside, break of 38.2% retracement of 140.25 to 150.87 at 146.81 will argue […]
11/02/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9098; (P) 0.9110; (R1) 0.9127; More… Intraday bias in USD/CHF remains neutral as consolidations continue below 0.9200. Outlook stays bullish with 0.8956/64 support zone intact. On the upside, firm break of 0.9200/9223 will resume the whole rally from 0.8374 and carry larger bullish implication. However, sustained break of 0.8964 will be a […]
28/01/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9421; (P) 0.9470; (R1) 0.9512; More…. Intraday bias in EUR/CHF stays neutral at this point. On the downside, firm break of 0.9242 support will indicate rejection by 38.2% retracement of 0.9928 to 0.9204 at 0.9481. Deeper fall would then be seen back to channel support (now at 0.9377). However, strong rebound from […]