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Daily Pivots: (S1) 0.8759; (P) 0.8771; (R1) 0.8780; More… EUR/GBP is staying in consolidations below 0.8817 and intraday bias remains neutral. Further rally is expected as long as 0.8750 resistance turned above holds. Above 0.8817 will target 0.8867 fibonacci level. Firm break there will carry larger bullish implications. Nevertheless, sustained break of 0.8750 will turn […]

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10/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8906; (P) 0.8940; (R1) 0.8998; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. On the upside, firm break of 0.8987 support turned resistance will argue that correction from 0.9223 has completed, after drawing support from 0.8883 fibonacci level. Intraday bias will be back on the upside for 0.9157/9223 resistance […]
20/02/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2577; (P) 1.2604; (R1) 1.2623; More… Despite today’s rebound, GBP/USD is staying below 1.2691 resistance and intraday bias remains neutral first. On the upside, break of 1.2691 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 […]
30/04/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.76; (P) 162.16; (R1) 162.43; More… No change in EUR/JPY’s outlook and intraday bias stays neutral. On the upside, firm break of 164.16 will resume whole rise from 154.77. Next target will be 100% projection of 154.77 to 164.16 from 158.27 at 167.66. However, break of 158.27 will bring deeper fall back […]