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Daily Pivots: (S1) 190.12; (P) 191.02; (R1) 191.79; More… Intraday bias in GBP/JPY remains neutral as consolidation from 191.99 is still extending. On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, firm break of 187.84 […]

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USD/JPY Mid-Day Outlook

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06/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1084; (P) 1.1102; (R1) 1.1129; More…. Despite edging higher to 1.1153, intraday bias in EUR/USD is turned neutral with subsequent retreat. Corrective pattern from 1.1200 could extend with another leg, and break through 1.1025. But outlook will stay bullish as long as 1.0947 resistance turned support holds. Firm break of 1.1200 will […]
18/01/2024

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9351; (P) 0.9370; (R1) 0.9389; More… EUR/CHF’s break of 0.9402 support turned resistance suggests that down trend from 1.0095 has completed at 0.9252 already. Rebound from there is tentatively seen as a corrective move first. Intraday bias is now on the upside for 55 D EMA (now at 0.9451). Sustained break there […]
13/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.35; (P) 142.20; (R1) 142.66; More… USD/JPY is staying above 140.70 temporary low despite current dip, and intraday bias stays neutral first. Outlook remains bearish as long as 147.20 resistance holds. On the downside, break of 140.70 will resume the fall from 161.94 to 140.25 support, and possibly to 139.26 fibonacci level […]