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Daily Pivots: (S1) 0.8605; (P) 0.8627; (R1) 0.8645; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, sustained trading below 38.2% retracement of 0.8354 to 0.8752 at 0.8600 will indicate near term bearish reversal and target 61.8% retracement at 0.8506. On the upside, above 0.8670 will resume the rebound from 0.8595 […]

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23/06/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.7769; (P) 1.7825; (R1) 1.7921; More… EUR/AUD’s rise from 1.7245 resumed by breaking through 1.7880 and intraday bias is back on the upside. Next target is 61.8% retracement of 1.8554 to 1.7245 at 1.8054. Firm break there will pave the way to 1.8554. For now, further rally is expected as long as […]
20/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 145.17; (P) 146.62; (R1) 148.04; More… Intraday bias in USD/JPY remains mildly on the downside at this point. Rebound from 141.67 could have completed at 149.35 after rejection by 38.2% retracement of 161.94 to 141.67 at 149.41. Deeper fall would be seen to retest 141.67 low. Firm break there will resume the […]
25/05/2024

GBP/USD Weekly Outlook

GBP/USD turned sideway after rising to 1.2760 last week. Intraday bias remains neutral this week for some consolidations, but further rally is in favor. Above 1.2760 will resume the rally from 1.2298 to 1.2892 resistance next. On the downside, below 1.2670 will turn bias to the downside for deeper pull back. In the bigger picture, […]