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Daily Pivots: (S1) 1.6223; (P) 1.6270; (R1) 1.6354; More… Intraday bias in EUR/AUD stays on the upside for the moment. Break of 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 to 1.6002 at 1.6452. On the downside, though, below 1.6132 will bring retest of 1.6002 low instead. In the bigger picture, as […]

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15/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 203.83; (P) 205.09; (R1) 206.33; More… GBP/JPY’s correction from 208.09 short term top could extend lower. Below 203.82 will target 38.2% retracement of 191.34 to 208.09 at 201.69. Strong support is expected there to bring rebound, to set the range of consolidations below 208.09. However, sustained break of 201.69 will argue that […]
21/10/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9365; (P) 0.9386; (R1) 0.9417; More…. Intraday bias in EUR/CHF stays neutral as sideway trading continues in converging range. On the downside, break of 0.9332 will resume the fall from 0.9579 towards 0.9209 low. On the upside, break of 0.9506 will turn intraday bias to the upside for 0.9579 resistance and above. […]
21/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.64; (P) 189.95; (R1) 190.68; More… Intraday bias in GBP/JPY remains neutral as range trading continues inside 187.84/191.99.On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, firm break of 187.84 support will […]