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Daily Pivots: (S1) 145.13; (P) 145.97; (R1) 146.53; More… Intraday bias in USD/JPY remains neutral and more consolidations could be seen below 148.64. . Further rally is expected as long as 144.02 resistance turned support holds. As noted before, fall from 158.86 could have completed 139.87 already. Above 148.64 will target 61.8% retracement of 158.86 […]

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14/09/2024

USD/CHF Weekly Outlook

USD/CHF recovered to 0.8548 last week but retreated since then. Initial bias stays neutral this week first and more sideway trading could be seen. But further decline will remain in favor as long as 0.8548 resistance holds. Break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate […]
24/04/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3212; (P) 1.3276; (R1) 1.3319; More… Intraday bias in GBP/USD remains mildly on the downside, and pullback from 1.3422 short term top would continue lower. But downside should be contained by 38.2% retracement of 1.2099 to 1.3422 at 1.2917. On the upside, firm break of 1.3433 will resume larger up trend. In […]
28/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6634; (P) 0.6654; (R1) 0.6667; More… AUD/USD is still extending sideway consolidation from 0.6713 and intraday bias remains neutral. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 […]