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Daily Pivots: (S1) 194.35; (P) 195.37; (R1) 197.16; More… GBP/JPY’s strong rebound an break of 196.13 minor resistance suggests that pull back from 199.79 has already completed. The development also revive near term bullishness. Intraday bias is back on the upside for retesting 199.79 resistance first. Firm break there will rebound whole rebound from 180.00. […]

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18/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9088; (P) 0.9115; (R1) 0.9135; More…. USD/CHF is extending the consolidation pattern from 0.9151 and intraday bias remains neutral. Deeper pull back cannot be ruled out. But further rally is expected as long as 0.8996 support holds. Firm break of 0.9151 will target 0.9243 key resistance next. In the bigger picture, price […]
18/11/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 153.18; (P) 154.97; (R1) 156.07; More… Intraday bias in USD/JPY remains neutral and more consolidations would be seen below 156.74. Further rally is expected as long as 151.27 support holds. Above 156.74 will target 61.8% projection of 141.63 to 153.87 from 151.27 at 158.83. In the bigger picture, price actions from 161.94 […]
20/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.64; (P) 163.32; (R1) 164.61; More… EUR/JPY’s long term up trend resumed by breaking through 164.29 resistance. Intraday bias stays on the upside. Next near term target will be 61.8% projection of 153.15 to 163.70 from 160.20 at 166.71. On the downside, Below 163.81 minor support will turn intraday bias neutral and […]