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Daily Pivots: (S1) 1.0991; (P) 1.1023; (R1) 1.1044; More…. Intraday bias in EUR/USD remains neutral for the moment. Focus stays on 38.2% retracement of 1.0665 to 1.1200 at 1.0996. Strong rebound from there will retain near term bullishness. Break of 1.1153 will indicate that larger rally is resuming through 1.1200 resistance to 1.1274 high. However, […]

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EUR/CHF Daily Outlook

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GBP/USD Mid-Day Outlook

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13/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9572; (P) 0.9585; (R1) 0.9598; More… EUR/CHF is still extending the consolidation from 0.9630 and intraday bias stays neutral. As long as 0.9510 support holds, further rally is still expected. On the upside, break of 0.9630 will resume the rise from 0.9252 and target 161.8% projection of 0.9252 to 0.9471 from 0.9304 […]
12/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.45; (P) 189.08; (R1) 189.78; More….. GBP/JPY recovered after dipping to 187.94 and intraday bias remains neutral. On the downside, below 187.94 will resume the decline from 191.29 to 38.2% retracement of 178.32 to 191.29 at 186.33. Sustained break there will raise the chance of larger scale correction and target 61.8% retracement […]
14/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.88; (P) 169.01; (R1) 169.74; More… EUR/JPY is still bounded in sideway trading and intraday bias remains neutral. On the downside, break of 168.01 support will strengthen the case that rise from 164.31 has completed at 170.78 already. Intraday bias will be back on the downside for 167.31 support, and then 164.01. […]