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Daily Pivots: (S1) 158.65; (P) 159.39; (R1) 160.67; More…. Intraday bias in EUR/JPY is turned neutral with current recovery. Outlook is unchanged that corrective pattern from 154.40 might have completed with three waves to 163.47 already. Risk will stay mildly on the downside as long as 163.47 resistance holds. Below 158.09 will target 154.40/155.14 support […]

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02/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9373; (P) 0.9396; (R1) 0.9413; More…. Intraday bias in EUR/CHF remains neutral for consolidations above 0.9351 temporary low. As noted before, rebound from 0.9209 could have completed at 0.9579 already. Deeper fall is expected as long as 0.9455 minor resistance holds. Break of 0.9351 will target 0.9209 low next. However, break of […]
14/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8594; (P) 0.8612; (R1) 0.8636; More…. Intraday bias in EUR./GBP stays neutral for the moment, and further decline is expected with 0.8648 support turned resistance intact. on the downside, break of 0.8548 will resume the fall from 0.8764 to 0.8491 support next. Firm break there will resume larger down trend. However, sustained […]
03/03/2024

GBP/USD Weekly Outlook

GBP/USD stayed inside range trading below 1.2708 last week. Initial bias stays neutral this week first. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue that whole rise from 1.2036 has […]