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Daily Pivots: (S1) 152.73; (P) 153.59; (R1) 155.02; More… No change in USD/JPY’s outlook and intraday bias stays on the upside. Current rally is part of the whole rise from 139.87 and should target 100% projection of 146.58 to 153.26 from 149.37 at 156.05. Firm break there will target 158.86 resistance next. On the downside, […]

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GBP/USD Mid-Day Outlook

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19/02/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.12; (P) 191.53; (R1) 192.22; More… Intraday bias in GBP/JPY remains neutral for the moment. Outlook is unchanged that corrective pattern from 180.00 is extending, possibly with rebound from 187.04 as another upleg. Above 193.04 will target 194.73 resistance first. Firm break there will solidify this case and target 198.94 next. In […]
19/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8540; (P) 0.8553; (R1) 0.8566; More… Intraday bias in EUR/GBP remains neutral for the moment and some more consolidations would be seen. On the downside, break of 0.8497 will resume recent fall to 0.8464 projection level. However, considering bullish convergence condition in 4H MACD, sustained break of 0.8571 will confirm short term […]
13/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8897; (P) 0.8940; (R1) 0.8988; More…. No change in USD/CHF’s outlook as range trading continues. Intraday bias remains neutral. On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring deeper decline. On the upside, firm break of 0.8987 support turned resistance will argue that correction from […]