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Daily Pivots: (S1) 0.8419; (P) 0.8424; (R1) 0.8433; More… EUR/GBP’s rebound from resumed by breaking through 0.8448 resistance, and intraday bias is back on the upside for 38.2% retracement of 0.8737 to 0.8354 at 0.8500. Strong resistance could be seen from 0.8500 to complete the corrective bounce. On the downside, break of 0.8413 support will […]

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EUR/USD Daily Outlook

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10/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3349; (P) 1.3382; (R1) 1.3423; More… Further rise remains in favor in USD/CAD, and rebound from 1.3176 would target 38.2% retracement of 1.3897 to 1.3176 at 1.3451. Firm break there will pave the way to 61.8% retracement at 1.3622. On the downside, however, break of 1.3286 will turn bias back to the […]
13/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.38; (P) 155.65; (R1) 156.02; More… Further rise is mildly in favor in USD/JPY despite loss of upside momentum as seen in 4H MACD. Rebound from 151.86, as the second leg of the corrective pattern from 160.20, could extend towards 157.98 resistance. On the downside, break of 154.23 will suggest that the […]
05/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.15; (P) 190.67; (R1) 191.56; More….. Intraday bias in GBP/JPY remains neutral at this point. Corrective pattern from 191.29 could still extend. Break of 188.02 minor support will bring deeper fall to 38.2% retracement of 178.32 to 191.29 at 186.33, as a correction to rise from 178.32. Nevertheless, on the upside, decisive […]