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Daily Pivots: (S1) 191.11; (P) 192.09; (R1) 192.99; More… GBP/JPY retreated after rising to 193.04 and intraday bias is turned neutral first. Overall, corrective pattern from 180.00 is extending, possibly with rebound from 187.04 as another upleg. Above 193.04 will target 194.73 resistance first. Firm break there will solidify this case and target 198.94 next. […]

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31/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 198.80; (P)199.63; (R1) 200.50; More… Intraday bias in USD/JPY remains neutral at this point. Firm break of 199.00 support will suggest short term topping, on bearish divergence condition in 4H MACD. Rise from 191.34, as the second leg of the corrective pattern from 200.53, might have completed too. Deeper fall should then […]
05/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.63; (P) 187.18; (R1) 188.00; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, firm break of 187.60 will turn bias to the upside for 188.90. Break there will confirm resumption of larger up trend. Meanwhile, below 185.21 will turn bias to the downside and extend the correction […]
06/02/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8992; (P) 0.9028; (R1) 0.9054; More… No change in USD/CHF’s outlook as consolidation from 0.9200 is still extending. Intraday bias remains neutral first. Outlook will remain bullish as long as 0.8956/64 support holds. Firm break of 0.9200/9223 will resume the whole rally from 0.8374 and carry larger bullish implication. However, sustained break […]