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Daily Pivots: (S1) 192.19; (P) 192.88; (R1) 193.68; More… Intraday bias in GBP/JPY remains neutral at this point. While pullback from 196.38 might extend lower, further rally will remain in favor as long as 190.22 support holds. On the upside, above 194.18 resistance will suggest that the pull back has completed and bring stronger rise […]

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EUR/GBP Daily Outlook

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06/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3633; (P) 1.3663; (R1) 1.3715; More… Intraday bias in USD/CAD remains neutral for the moment. Strong rebound from current level, followed by break of 1.3782 resistance, will retain near term bullishness. Further break of 1.3845 will resume larger rise from 1.3176 towards 1.3976 key resistance next. However, sustained trading below 55 D […]
29/10/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.95; (P) 165.52; (R1) 166.32; More…. Intraday bias in EUR/JPY stays on the upside at this point, and rise fro 155.14 is in progress for 61.8% retracement of 175.41 to 154.40 at 167.38. Sustained break there will pave the way to retest 175.41 high. On the downside, below 163.79 minor support will […]
16/12/2023

EUR/CHF Weekly Outlook

While EUR/CHF’s recovery from 0.9402 extended last week, it failed to break through 0.9543 resistance and reversed from there. Initial bias remains neutral this week first, and further decline is expected. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 […]