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Daily Pivots: (S1) 0.8516; (P) 0.8534; (R1) 0.8561; More… Intraday bias in EUR/GBP remains neutral and more consolidations could be seen below 0.8573. Further rally is expected as long as 0.8492 support holds. Above 0.8573 will target 61.8% retracement of 0.8737 to 0.8354 at 0.8591. Sustained break there will pave the way to 0.8737 resistance. […]

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EUR/CHF Daily Outlook

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03/08/2024

USD/CHF Weekly Outlook

USD/CHF’s fall from 0.9223 accelerated lower last week and there is no sign of bottoming yet. Initial bias remains on the downside this week and deeper decline would be seen to retest 0.8332 low. On the upside, above 0.8662 minor resistance will turn intraday bias neutral and bring consolidations. But outlook will remain bearish as […]
17/02/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.83; (P) 152.49; (R1) 152.96; More… Intraday bias in USD/JPY remains neutral with focus on 38.2% retracement of 139.57 to 158.86 at 151.4. Strong rebound from there will 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 […]
30/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.65; (P) 147.93; (R1) 148.45; More… Range trading continues in USD/JPY and intraday bias remains neutral. With 145.97 resistance turned support intact, further rally is in favor. As noted before, corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from there for retesting 151.89/93 […]