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Daily Pivots: (S1) 151.68; (P) 152.03; (R1) 152.62; More… USD/JPY’s rally from 139.57 resumed after brief consolidations and intraday bias is back on the upside. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. On the downside, below 151.44 minor support will turn intraday bias […]

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08/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.63; (P) 144.80; (R1) 145.80; More… Intraday bias in USD/JPY stays neutral at this point. On the upside, above 145.97 will resume the rebound from 140.25. But upside should be limited by 61.8% retracement of 151.89 to 140.25 at 147.44. On the downside, below 143.17 minor support will turn bias back to […]
25/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.19; (P) 192.26; (R1) 193.17; More… Intraday bias stays not the upside with 190.11 minor support intact. GBP/JPY’s rise e 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 […]
16/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3567; (P) 1.3584; (R1) 1.3602; More… Intraday bias in USD/CAD remains neutral at this point, and another fall remains in favor. On the downside, below 1.3545 minor support will turn bias to the downside for retesting 1.3439 low. Nevertheless, sustained break of 1.3617 will turn bias back to the upside for stronger […]