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Daily Pivots: (S1) 147.13; (P) 147.46; (R1) 148.05; More… Intraday bias in USD/JPY remains neutral with focus on 148.01 resistance. Firm break there will indicate that consolidations pattern from 148.64 has completed. Further rise should then be seen to resume the rally from 139.87, to 61.8% retracement of 158.86 to 139.87 at 151.22. In the […]

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20/03/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8370; (P) 0.8395; (R1) 0.8410; More… Range trading continues in EUR/GBP and intraday bias remains neutral. Further rally is expected as long as 0.8358 minor support holds. On the upside, break of 0.8448 will target 0.8472 resistance first. Firm break there will resume whole rebound from 0.8221 to medium term falling channel […]
29/11/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0950; (P) 1.0980; (R1) 1.1024; More… Intraday bias in EUR/USD stays on the upside with 1.0933 minor support intact. Current rise from 1.0447 should target 1.1274 resistance next. But strong resistance should be seen there to limit upside. On the downside, below 1.0933 minor support will turn intraday bias neutral and bring […]
15/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8526; (P) 0.8542; (R1) 0.8549; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. Nevertheless, firm break of 0.8577 will turn bias back to the upside for stronger rebound. In […]