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Daily Pivots: (S1) 195.97; (P) 197.20; (R1) 198.63; More… Intraday bias in GBP/JPY stays on the upside at this point. Sustained trading above 61.8% retracement of 208.09 to 180.00 at 197.35 will target 208.09 high. On the downside, break of 193.69 support is needed to indicate short term topping. Otherwise, further rally will remain in […]

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EUR/USD Daily Outlook

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04/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3463; (P) 1.3521; (R1) 1.3555; More… Intraday bias in USD/CAD is turned neutral first with current recovery, and some consolidations could be seen above 1.3479 temporary low. Still, further decline is expected as long as 1.3625 resistance holds. Below 1.3479 will resume the fall from 1.3897 to 1.3378 support next, which is […]
16/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3109; (P) 1.3133; (R1) 1.3152; More… GBP/USD’s rebound from 1.3000 extends higher today but stays below 1.3265 resistance. Intraday bias remains neutral first. On the upside, decisive break of 1.3265 will resume larger rally 1.3364 projection level next. On the downside, below, 1.3177 minor support will turn bias to the downside, to […]
24/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.41; (P) 161.06; (R1) 161.70; More… EUR/JPY’s consolidation from 161.84 is still in progress and intraday bias remains neutral. Further rally is expected as long as 158.55 resistance turned support holds. On the upside, break of 161.84 will resume whole rally from 153.15 to 161.8% projection of 153.15 to 158.55 from 155.06 […]