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Daily Pivots: (S1) 1.4014; (P) 1.4032; (R1) 1.4059; More… USD/CAD is still extending consolidations below 1.4078 and intraday bias stays neutral. Further rally is expected as long as 1.3930 support holds. Current development suggest that rise from 1.3538 is reversing whole fall from 1.4791. Above 1.4078 will target 61.8% retracement of 1.4791 to 1.3538 at […]

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12/10/2024

EUR/GBP Weekly Outlook

EUR/GBP stayed in range of 0.8309/8433 last week and outlook is unchanged. Initial bias remains neutral this week first and further decline is in favor. On the downside, firm break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to 0.8309 at 0.8429 will […]
24/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6603; (P) 0.6625; (R1) 0.6637; More… AUD/USD’s fall from 0.6798 continues today and intraday bias remains on the downside. Rise from 0.6361 might have completed already. Deeper fall would now be seen to 61.8% retracement of 0.6361 to 0.6798 at 0.6528. On the upside, above 0.6645 minor resistance will turn intraday bias […]
31/03/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.26; (P) 150.23; (R1) 150.79; More… USD/JPY’s break of 149.53 support suggests that corrective recovery has already completed at 151.20. That came just ahead of 151.29 cluster resistance (38.2% retracement of 158.86 to 146.52 at 151.23). Intraday bias is back on the downside for retesting 146.52 low first. Firm break there will […]