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Daily Pivots: (S1) 0.6731; (P) 0.6745; (R1) 0.6766; More… Intraday bias in AUD/USD remains neutral for consolidations above 0.6701 temporary low. Further decline is expected as long as 0.6809 minor resistance holds. On the downside, break of 0.6701 and sustained trading below 55 D EMA (now at 0.6743) should confirm rejection by 0.6941 fibonacci level. […]

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28/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3184; (P) 1.3202; (R1) 1.3226; More… Intraday bias in USD/CAD remains on the downside at this point. Current fall from 1.3897 should target 1.3091 support and possibly below. On the upside, above 1.3284 minor resistance will turn intraday bias neutral and bring consolidations. But another decline will remain in favor as long […]
21/02/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.93; (P) 150.09; (R1) 150.30; More… USD/JPY is still bounded in consolidation from 150.87 and intraday bias stays neutral. In case of another retreat, downside should be contained by 148.79 resistance turned support to bring another rally. Above 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. Decisive break […]
06/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 198.08; (P) 198.92; (R1) 200.48; More…. Intraday bias in GBP/JPY remains neutral for the moment. Current development suggests that rise from 191.34 has completed at 200.72 after rejection by 200.53. On the downside, break of 197.18 will resume the fall to 155.02. Further break of 195.02 will target 191.34 support next. In […]