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Daily Pivots: (S1) 0.8518; (P) 0.8550; (R1) 0.8569; More…. Intraday bias in USD/CHF is turned neutral with current recovery, and some consolidations should be seen first. But outlook will stay bearish as long as 0.8665 support turned resistance holds. Below 0.8513 will resume larger down trend to 100% projection of 0.9111 to 0.8665 from 0.8819 […]

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GBP/USD Daily Outlook

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USD/JPY Daily Outlook

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31/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3650; (P) 1.3692; (R1) 1.3725; More… Range trading continues in USD/CAD and intraday bias stays neutral at this point. On the upside, break of 1.3742 resistance will revive the case that correction from 1.3845 has completed at 1.3589. Intraday bias will be back on the upside for retesting 1.3845. On the downside, […]
28/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 180.98; (P) 181.58; (R1) 182.14; More… GBP/JPY is still bounded in sideway trading and intraday bias remains neutral at this point. Further decline is expected as long as 184.15 resistance holds. On the downside, break of will resume the decline from 188.63 and target 38.2% retracement of 148.93 to 188.63 at 173.46. […]
21/07/2024

USD/JPY Weekly Outlook

USD/JPY’s correction from 161.94 extended to 155.36 last week but recovered since then. Initial bias remains neutral this week and further fall is expected with 158.85 resistance intact. Below 155.36 will target 38.2% retracement of 140.25 to 161.94 at 153.65. On the upside, above 158.85 resistance will turn bias back to the upside for stronger […]