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Daily Pivots: (S1) 0.6576; (P) 0.6606; (R1) 0.6640; More… Intraday bias in AUD/USD stays neutral as consolidations continue below 0.6642 temporary top. Further rally is expected as long as 0.6506 support holds. Above 0.6442 will extend the rebound from 0.6348 to 0.6798 resistance next. In the bigger picture, overall, price actions from 0.6169 (2022 low) […]

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17/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8415; (P) 0.8430; (R1) 0.8439; More… Intraday bias in EUR/GBP stays neutral at this point. Consolidation from 0.8399 is in progress and stronger recovery cannot be ruled out. But upside should be limited by 38.2% retracement of 0.8624 to 0.8399 at 0.8485. Break of 0.8399 will bring retest of 0.8382 low. Firm […]
13/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.57; (P) 156.95; (R1) 157.41; More.. Intraday bias in EUR/JPY remains neutral for the moment. While rebound from 153.15 could extend higher, upside should be limited below 158.36 minor resistance to bring another fall. On the downside, below 155.98 will turn bias to the downside for retesting 153.15. In the bigger picture, […]
27/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 171.11; (P) 171.45; (R1) 172.06; More… Intraday bias in EUR/JPY is back on the upside as recent rally resumed after brief consolidations. Sustained break of 61.8% projection of 164.01 to 170.87 from 167.52 at 171.75 will target 100% projection at 174.38. On the downside, below 170.69 minor support will turn intraday bias […]