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Daily Pivots: (S1) 0.8536; (P) 0.8544; (R1) 0.8558; More… Range trading continues in EUR/GBP and intraday bias remains 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 stronger rebound. […]

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EUR/USD Mid-Day Outlook

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03/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 161.22; (P) 161.52; (R1) 161.76; More… Intraday bias in USD/JPY remains on the upside for the moment. Current up trend should target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. On the downside, below 160.95 minor support will turn intraday bias neutral and bring consolidations again, before staging another rally. […]
05/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.06; (P) 151.41; (R1) 151.71; More… USD/JPY’s breach of 151.02 support suggests short term topping at 151.96. Intraday bias is now mildly on the downside for deeper pullback to 55 D EMA (now at 149.56). On the upside, however, sustained break of 151.93 key resistance will confirm long term up trend resumption. […]
21/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9490; (P) 0.9531; (R1) 0.9582; More…. Intraday bias in EUR/CHF remains neutral for consolidation above 0.9476. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 0.9683 resistance holds, and fall from 0.9928 is expected to resume later. Below 0.9476 will target 61.8% retracement of 0.9252 to 0.9928 […]