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Daily Pivots: (S1) 0.6328; (P) 0.6381; (R1) 0.6414; More… Intraday bias in AUD/USD remains neutral for consolidations below 0.6438. Further rally is expected as long as 55 D EMA (now at 0.6297) holds. Above 0.6438 temporary top will resume the rebound from 0.5913 to 61.8% retracement of 0.6941 to 0.5913 at 0.6548. However, sustained trading […]

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28/11/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.66; (P) 191.64; (R1) 192.60; More… Intraday bias in GBP/JPY remains on the downside as fall from 199.79 is in progress. As noted before, corrective rise from 180.00 could have completed with three waves up to 199.79. Deeper decline would be seen to 183.70 support next. On the upside, above 193.71 minor […]
01/11/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3902; (P) 1.3923; (R1) 1.3956; More… Intraday bias in USD/CAD remains on the upside and further rise would be seen to retest 1.3946/76 resistance zone. Decisive break there will confirm larger up trend resumption. On the downside, below 1.3875 minor support will turn intraday bias and bring consolidations first. In the bigger […]
09/04/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 185.88; (P) 187.41; (R1) 188.28; More… GBP/JPY’s fall resumed after brief recovery and intraday bias is back on the downside. Current decline should target 100% projection of 198.94 to 187.04 from 195.95 at 184.05. On the upside, above 188.72 will turn intraday bias neutral again. But after all, risk will stay on […]