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Daily Pivots: (S1) 198.63; (P) 199.28; (R1) 199.73; More…. Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Current development suggests that rise from 191.34 has completed at 200.72 after rejection by 200.53. On the downside, break of 197.18 will resume the fall to 155.02. Further break of 195.02 will target 191.34 support next. […]

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04/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2645; (P) 1.2680; (R1) 1.2747; More… GBP/USD is still bounded in consolidation from 1.2731 and intraday bias stays neutral. But further rally is expected as long as 1.2590 minor support holds. On the upside, decisive break of 1.2731 will resume the rally from 1.2036 for retesting 1.3141 high next. In the bigger […]
14/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3655; (P) 1.3673; (R1) 1.3684; More… Intraday bias in USD/CAD stays neutral and outlook is unchanged. On the upside, break of 1.3761 resistance will argue that correction from 1.3845 has already completed. Intraday bias will be back to the upside to resume larger rally from 1.3176 through 1.3845. However, sustained trading below […]
07/02/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0714; (P) 1.0751; (R1) 1.0778; More… No change in EUR/USD’s outlook and intraday bias stays on the downside. Focus remains on 1.0722 structural support. Decisive break there will argue that whole rise from 1.0447 has completed. Deeper fall would then be seen to target this low. On the upside, break of 1.0896 […]