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Daily Pivots: (S1) 202.14; (P) 202.43; (R1)202.90; More… Intraday bias in GBP/JPY stays on the upside. Firm break of 61.8% projection of 191.34 to 200.72 from 197.18 at 202.97. will pave the way to 100% projection at 206.56 next. On the downside, below 201.95 minor support will turn intraday bias neutral first. But outlook will […]

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19/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 170.43; (P) 171.01; (R1) 172.02; More… EUR/JPY recovered after dipping to 169.98 and intraday bias is turned neutral first. Further fall is in favor as long as 172.91 resistance holds. Sustained trading below 55 D EMA (now at 170.30) will target 38.2% retracement of 153.15 to 175.41 at 166.90, as a correction […]
03/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 161.22; (P) 161.52; (R1) 161.76; More… Intraday bias in USD/JPY remains on the upside for the moment. Current up trend should target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. On the downside, below 160.95 minor support will turn intraday bias neutral and bring consolidations again, before staging another rally. […]
09/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6557; (P) 0.6580; (R1) 0.6602; More… Intraday bias in AUD/USD remains neutral at this point. Further rise is in favor as long as 55 4H EMA (now at 0.6562) holds. Above 0.6645 will resume the rebound from 0.6361. On the downside, however, firm break of 55 4H EMA will bring deeper fall […]