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Daily Pivots: (S1) 0.8598; (P) 0.8628; (R1) 0.8645; More… Intraday bias in EUR/GBP remains on the downside at this point. Fall from 0.8752 is seen as correcting the rise form 0.8354 for now. Deeper decline could be seen through 38.2% retracement of 0.8354 to 0.8752 at 0.8600. But strong support might emerge from 55 D […]

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EUR/JPY Daily Outlook

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18/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0855; (P) 1.0929; (R1) 1.0970; More… Intraday bias in EUR/USD stays neutral for the moment, as consolidation from 1.1016 is extending. Deeper retreat cannot be ruled out, but further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to […]
19/05/2025

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3242; (P) 1.3288; (R1) 1.3325; More… Intraday bias in GBP/USD remains neutral and more range trading could be seen. On the upside, decisive break of 1.3433/42 key resistance zone will confirm larger up trend resumption. Nevertheless, below 1.3138 will resume the correction from 1.3442. But downside should be contained by 38.2% retracement […]
31/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 198.10; (P) 198.96; (R1) 199.70; More… A temporary top is formed at 199.79 in GBP/JPY with current retreat. Intraday bias is turned neutral for consolidations first. Further rally would remain in favor as long as 55 D EMA (now at 194.20) holds. Above 199.79 will resume the rebound from 180.00 to retest […]