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Daily Pivots: (S1) 0.5903; (P) 0.6016; (R1) 0.6098; More… Intraday bias in AUD/USD remains neutral for consolidations above 0.5931 temporary low. Stronger rebound cannot be ruled out. But upside should be limited below 0.6218 support turned resistance to bring another fall. On the downside, break of 0.5931 will resume larger decline to 61.8% projection of […]

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19/01/2025

USD/JPY Weekly Outlook

USD/JPY’s extended fall last week confirmed short term topping at 158.86. But as a temporary low was formed at 154.97, initial bias is neutral this week first. Risk will stay on the downside as long as 158.86 resistance holds, in case of stronger recovery. Below 154.97 will target 55 D EMA (now at 154.53). Sustained […]
05/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8588; (P) 0.8634; (R1) 0.8716; More…. Intraday bias in USD/CHF remains neutral for the moment. On the upside, above 0.8727 will resume the rebound from 0.8332, and target 61.8% retracement of 0.9243 to 0.8332 at 0.8995. On the downside, below 0.8550 will resume the fall from 0.8727 for 0.8487 support. In the […]
21/09/2024

GBP/USD Weekly Outlook

GBP/USD’s up trend resumed last week by breaking through 1.3265. Initial bias stays on the upside this week for 61.8% projection of 1.2664 to 1.3265 from 1.3000 at 1.3371. Firm break there will pave the way to 100% projection at 1.3601 next. On the downside, below 1.3219 minor support will turn intraday bias neutral and […]