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Daily Pivots: (S1) 1.6467; (P) 1.6526; (R1) 1.6576; More… Intraday bias in EUR/AUD remains neutral for the moment/ Further rally is expected as long as 1.6351 resistance turned support holds. On the upside, above 1.6598 will resume the rise from 1.6002 short term bottom to 61.8% retracement of 1.7180 to 1.6002 at 1.6730 next. Sustained […]

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10/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6297; (P) 1.6331; (R1) 1.6382; More… Intraday bias in EUR/AUD is turned neutral first. But risk will stay on the upside as long as 1.6127 support holds. Above 1.6398 will resume the rebound to 1.6478 resistance. Firm break there will argue that whole correction from 1.7062 has completed, and target 1.6844 resistance […]
08/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.65; (P) 148.39; (R1) 148.93; More… Intraday bias in USD/JPY remains on the upside as rebound from 139.57 low is in progress. This rally is seen as the second leg of the corrective pattern from 161.94. Break of 149.35 resistance will target 61.8% retracement of 161.94 to 139.57 at 153.39 next. On […]
22/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 198.20; (P) 198.56; (R1) 198.84; More… GBP/JPY’s rally continues today and intraday bias stays on the upside. Current rise from 191.34, as the second leg of the corrective pattern from 200.53, should target 100% projection of 191.34 to 180.07 from 195.02 at 200.75. But upside should be limited there. On the downside, […]