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Daily Pivots: (S1) 1.3470; (P) 1.3490; (R1) 1.3514; More… Intraday bias in USD/CAD remains neutral for consolidations above 1.3439. Further decline is expected as long as 1.3617 resistance holds. Break of 1.3439 and sustained trading below 61.8% retracement of 1.3091 to 1.3946 at 1.3418 will pave the way to 1.3091/3176 support zone next. In the […]

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28/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8421; (P) 0.8444; (R1) 0.8457; More…. EUR/GBP’s fall from 0.8624 is still in progress, and intraday bias stays on the downside for retesting 0.8382 low. Strong support could be seen from there to bring rebound on first attempt. Above 0.8474 minor resistance will turn intraday bias neutral first. But risk will stay […]
13/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2751; (P) 1.2788; (R1) 1.2829; More… Outlook in GBP/USD remains unchanged and intraday bias stays neutral. Further rally will remain in favor as long as 55 4H EMA (now at 1.2755) holds. On the upside, above 1.2892 will resume larger rise from 1.2063 and target 61.8% projection of 1.2036 to 1.2826 from […]
20/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.88; (P) 189.17; (R1) 189.44; More… GBP/JPY is still extending range trading below 190.05 and intraday bias remains neutral. Further rally is expected with 187.83 minor support intact. Break of 190.05 will target 61.8% projection of 178.71 to 188.90 from 185.21 at 191.50. However, break of 187.83 will turn bias to the […]