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Daily Pivots: (S1) 152.78; (P) 153.08; (R1) 153.58; More… Intraday bias in USD/JPY is back on the upside as USD/JPY’s up trend resumed through 153.37 temporary top. Further rally should be seen to 155.20 fibonacci projection level next. On the downside, below 152.58 will turn intraday bias neutral and bring consolidations again, before staging another […]

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GBP/JPY Daily Outlook

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25/03/2024

GBP/JPY Weekly Outlook

GBP/JPY’s up trend resumed last week and surged to 193.51, but retreated notably since then. Initial bias remains neutral this week for more corrective trading. Nevertheless, outlook will stay bullish as long as 187.94 support holds. On the upside, break of 193.51 will resume larger up trend to 61.8% projection of 178.32 to 191.29 from […]

AUD/USD Weekly Report

AUD/USD’s strong was rebound last week was capped below 0.6666 resistance, and followed by equally steep decline. Initial bias remains neutral this week first, with focus on 0.6503 support. Decisive break there will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside for 0.6442 low. For now, risk […]
27/08/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8457; (P) 0.8472; (R1) 0.8487; More….. Intraday bias in USD/CHF remain son the downside for the moment. Decisive break of 0.8431 support will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8484 minor resistance will turn intraday bias neutral. But risk will stay on the downside as long […]