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Daily Pivots: (S1) 159.31; (P) 159.79; (R1) 160.52; More… Intraday bias in EUR/JPY remains neutral for the moment. On the upside, firm break of 160.25 minor resistance will indicate that rise from 153.15 is ready to resume, and turn bias back to the upside for 161.84 first. Nevertheless, break of 158.06 will now suggest that […]

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USD/JPY Mid-Day Outlook

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08/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 157.87; (P) 158.43; (R1) 158.82; More… Intraday bias in EUR/JPY is turned neutral first with current retreat. But rise will stay on the upside as long as 155.06 support holds. On the upside, above 158.97 will resume the rebound from 153.15 to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. […]
28/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0678; (P) 1.0703; (R1) 1.0728; More…. Intraday bias in EUR/USD stays neutral as sideway trading continues. Outlook stays bearish with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Firm break of 1.0667 will target 1.0601 and below. However, decisive break of 1.0760 will turn […]
12/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2529; (P) 1.2560; (R1) 1.2587; More… Intraday bias in GBP/USD remains neutral for the moment. Further decline remains mildly in favor with 1.2611 minor resistance intact. Below 1.2501 will resume the fall from 1.2731 short term top to to 55 D EMA (now at 1.2450). Sustained break there will bring retest of […]