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Daily Pivots: (S1) 0.9532; (P) 0.9560; (R1) 0.9580; More…. EUR/CHF is extending the consolidation from 0.9660 and intraday bias stays neutral. After all, further rally is expected as long as 0.9489 support holds. Break of 0.9660 will resume whole rise from 0.9204. In the bigger picture, prior strong break of 55 W EMA (now at […]

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28/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8664; (P) 0.8681; (R1) 0.8695; More… Intraday bias in EUR/GBP is turned neutral with current retreat, and some consolidations could be seen. On the upside, above 0.8698 will resume the rebound from 0.8548 to 0.8764 key resistance next. Nevertheless, break of 0.8649 will argue that the rebound has completed, and turn bias […]
30/11/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.51; (P) 187.02; (R1) 187.42; More… Intraday bias in GBP/JPY stays neutral for consolidation below 188.63. While deeper retreat cannot be ruled out, near term outlook will stay bullish as long as 184.44 support holds. On the upside, break of 188.63 will resume larger up trend. In the bigger picture, as long […]
06/01/2025

EUR/GBP Weekly Outlook

EUR/GBP stayed in sideway trading in range of 0.8221/8326 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, firm break of 0.8326 resistance will confirm short term bottoming at 0.8221, ahead of 0.8201 key support. Intraday bias will be turned back to the upside for 0.8446 structural resistance […]