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Daily Pivots: (S1) 190.41; (P) 191.42; (R1) 192.71; More… No change in GBP/JPY’s outlook and intraday bias stays on the upside. Rise from 183.70, as the third leg of the corrective pattern from 180.00, is in progress for 193.45 resistance. Firm break there will target 61.8% retracement of 208.09 to 180.00 at 197.35. On the […]

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03/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 161.22; (P) 161.52; (R1) 161.76; More… Intraday bias in USD/JPY remains on the upside for the moment. Current up trend should target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. On the downside, below 160.95 minor support will turn intraday bias neutral and bring consolidations again, before staging another rally. […]
25/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6474; (P) 0.6502; (R1) 0.6526; More… Intraday bias in AUD/USD remains on the upside for the moment. Sustained break of 55 D EMA (now at 0.6527) will argue that fall from 0.6870 has completed, and bring further rally to 0.6643 resistance next. On the downside, though, break of 0.6440 minor support will […]
07/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8678; (P) 0.8710; (R1) 0.8729; More…. USD/CHF retreated after failing to sustain above 0.8727 resistance. Intraday bias is turned neutral again. For now, further rally is expected as long as 0.8550 support holds. Break of 0.8740 will resume the rebound from 0.8332 to 61.8% retracement of 0.9243 to 0.8332 at 0.8995 next. […]