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Daily Pivots: (S1) 201.93; (P) 202.42; (R1) 203.00; More… Intraday bias in GBP/JPY remains neutral for the moment, and further rise is expected. Break of 204.22 will will suggest that rise from 184.35 is resuming through 205.30 towards 208.09 high. However, break of 200.54 will extend the fall from 205.30 to 197.47 key structural support. […]

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20/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 157.76; (P) 157.94; (R1) 158.27; More… No change in USD/JPY’s outlook and intraday bias stays neutral. Further rally would be in favor as long as 154.53 support holds. Break of 158.25 will resume the choppy rise from 151.86 towards 160.20 high. But upside should be limited there, at least on first attempt. […]
21/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.55; (P) 157.33; (R1) 157.88; More.. EUR/JPY retreated after hitting 158.55 and intraday bias is turned neutral first. On the upside, above 158.55 will resume the rebound from 153.15 to 55 D EMA (now at 158.82). On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of […]
10/04/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3546; (P) 1.3572; (R1) 1.3598; More… Intraday bias in USD/CAD is back on the upside with break of 1.3646 resistance. Firm break of channel resistance would prompt upside acceleration, and extend the rally from 1.3176 to 1.3897 resistance next. On the downside, below 1.3554 minor support will turn intraday bias neutral again. […]