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Daily Pivots: (S1) 160.78; (P) 161.18; (R1) 161.60; More… Intraday bias in EUR/JPY stays neutral for consolidations below 161.81. Even in case of deep retreat, 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 […]

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13/01/2024

EUR/AUD Weekly Outlook

EUR/AUD’s rebound from 1.6127 short term bottom extended higher last week, but failed to break through 1.6478 resistance and retreated. Initial bias is neutral this week first, but further rise is in favor as long as 1.16278 minor support holds. On the upside, firm break of 1.6478 will argue that whole correction from 1.7062 has […]
20/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8531; (P) 0.8543; (R1) 0.8554; More… EUR/GBP is still bounded in range trading and intraday bias stays neutral. On the downside, decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. However, firm break of 0.8577 will turn bias back to the upside for […]
18/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9606; (P) 0.9619; (R1) 0.9631; More… Range trading continues in EUR/CHF and intraday bias stays neutral. Another dip cannot be ruled out, but outlook will stay bullish as long as 0.9510 support holds. On the upside, break of 0.9630 will resume the rise from 0.9252 and target 161.8% projection of 0.9252 to […]