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Daily Pivots: (S1) 149.01; (P) 149.58; (R1) 150.19; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. Corrective rise from 146.52 could have completed at 151.20 already. Risk will stay on the downside as long as 151.29 resistance holds. Below 148.69 will bring retest of 146.52 low first. Firm break there will resume […]

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10/01/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 157.69; (P) 158.04; (R1) 158.51; More… Intraday bias in USD/JPY remains neutral for the moment, and further rally is in favor with 156.01 support intact. On the upside, firm break of 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 will extend the rally from 139.57 to retest 161.94 high. However, […]
24/01/2025

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4341; (P) 1.4378; (R1) 1.4421; More… USD/CAD is still bounded in range trading below 1.4516 and intraday bias remains neutral. Further rise is expected as long as 1.4260 support holds. Break of 1.4516 will resume larger up trend to 1.4667/89 key resistance zone. Nevertheless, firm break of 1.4260 will turn bias to […]
05/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8564; (P) 0.8574; (R1) 0.8589; More…. Intraday bias in EUR/GBP remains on the downside for the moment. As noted before, rebound from 0.8491 should have completed as a corrective move at 0.8764. Deeper fall should be seen to retest 0.8491 low first. Firm break there will resume larger down trend. On the […]