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Daily Pivots: (S1) 201.38; (P) 202.33; (R1) 203.65; More… Intraday bias in GBP/JPY remains neutral at this point. On the upside, break of 204.22 will affirm near term bullishness and target 205.30 high next. Nevertheless, below 200.54 will extend the fall from 205.30 towards 197.47 key structural support. In the bigger picture, price actions from […]

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26/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2676; (P) 1.2726; (R1) 1.2774; More… GBP/USD is still bounded in consolidation pattern from 1.2826 and intraday bias remains neutral. Deeper pull back cannot be ruled out. But downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2784 resistance will suggest that consolidation pattern has […]
01/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 171.74; (P) 172.10; (R1) 172.73; More… EUR/JPY’s rally continues today and intraday bias stays on the upside. Next target is 100% projection of 164.01 to 170.87 from 167.52 at 174.38. On the downside, below 171.36 minor support will turn intraday bias neutral and bring consolidations first. But outlook will remain bullish as […]
20/03/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8755; (P) 0.8783; (R1) 0.8803; More… USD/CHF is still bounded in consolidation from 0.8757 and intraday bias remains neutral. In case of another recovery, upside should be limited by 0.8911 support turned resistance. On the downside, break of 0.8757 will resume the fall from 0.9200 to 61.8% retracement of 0.8374 to 0.9200 […]