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Daily Pivots: (S1) 200.71; (P) 201.38; (R1) 202.20; More… Intraday bias in GBP/JPY is turned neutral first with current recovery. Price actions from 205.30 so far suggests that it’s merely a consolidation pattern, and larger rally is not complete. On the upside, break of 204.22 will affirm near term bullishness and target 205.30 high next. […]

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EUR/JPY Daily Outlook

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07/01/2024

USD/CAD Weekly Outlook

USD/CAD’s strong rebound suggests short term bottoming at 1.3176, on bullish convergence condition in 4H MACD. Despite some loss of upside momentum, further rally is in favor this week as long as 1.3286 minor support holds, to 38.2% retracement of 1.3897 to 1.3176 at 1.3451. Firm break there will pave the way to 61.8% retracement […]
17/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0841; (P) 1.0897; (R1) 1.0933; More… Intraday bias in EUR/USD remains on the downside. Fall from 1.1138 is in progress for 1.0722 support. Sustained break there will argue that whole rise from 1.0447 has completed, and target this low. For now, risk will stay on the downside as long as 1.0995 resistance […]
09/04/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8416; (P) 0.8518; (R1) 0.8581; More… Intraday bias in USD/CHF remains on the downside at this point. Current fall from 0.9196 is in progress. Sustained break of 0.8332/8374 key support zone will confirm larger down trend resumption. Next near term target is 161.8% projection of 0.9196 to 0.8757 from 0.8854 at 0.8144. […]