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Daily Pivots: (S1) 0.8646; (P) 0.8695; (R1) 0.8726; More… EUR/GBP’s corrective pattern form 0.8752 is extending and intraday bias stays neutral. Deeper decline might be seen but downside should be contained by 38.2% retracement of 0.8354 to 0.8752 at 0.8600. On the upside, firm break of 0.8752 will resume the rise from 0.8354 towards 0.8867 […]

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03/02/2024

EUR/AUD Weekly Outlook

EUR/AUD’s pull back from 1.6671 extended to as low as 1.6348 last week but rebounded since then. Initial bias remains neutral this week first. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to […]
13/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8532; (P) 0.8540; (R1) 0.8548; More… Range trading continues in EUR/GBP and intraday bias remains neutral at this point. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.8591 resistance holds. On the downside, break of 0.8512 will resume the decline from 0.8713 to 0.8491, and then […]
04/09/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 172.17; (P) 172.79; (R1) 173.33; More… Intraday bias in EUR/JPY remains on the upside for retesting 173.87 high. Decisive break there will resume larger rally from 154.77, and target a retest on 175.41 key resistance. On the downside, however, break of 171.09 will turn bias to the downside for 169.69 support, and […]