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Daily Pivots: (S1) 147.51; (P) 148.35; (R1) 149.10; More… Intraday bias in USD/JPY remains neutral for the moment, and more consolidations could be seen above 146.52. Upside of recovery should be limited by 150.92 support turned resistance. On the downside, sustained trading below 61.8% retracement of 139.57 to 158.86 at 146.32 will pave the way […]

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13/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8532; (P) 0.8540; (R1) 0.8548; More… Range trading continues in EUR/GBP and intraday bias remains neutral at this point. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.8591 resistance holds. On the downside, break of 0.8512 will resume the decline from 0.8713 to 0.8491, and then […]
17/10/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8625; (P) 0.8641; (R1) 0.8672; More… Intraday bias in USD/CHF remains on the upside as rise from 0.8374 is in progress. Sustained break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should then be seen to 61.8% […]
19/04/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0626; (P) 1.0658; (R1) 1.0675; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. While stronger recovery cannot be ruled out, upside should be limited by 1.0723 support turned resistance. On the downside, break of 1.0601 will resume the decline from 1.1138 to 100% projection of 1.1138 to 1.0694 from […]