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Daily Pivots: (S1) 194.66; (P) 195.35; (R1) 195.95; More… Intraday bias in GBP/JPY remains neutral as sideway trading continues. On the upside, break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. Sustained break there will target 208.09 high. On the downside, below 192.87 minor support […]

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03/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1050; (P) 1.1064; (R1) 1.1086; More…. No change in EUR/USD’s outlook. While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1104 minor resistance will bring retest of 1.1200 first. Break there will target 1.1274 high next. In […]
29/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9561; (P) 0.9581; (R1) 0.9612; More…. Intraday bias in EUR/CHF remains neutral for consolidations above 0.9159. Further decline is expected as long as 0.9641 support turned resistance holds. Rebound from 0.9476 should have completed as a corrective move at 0.9772. Below 0.9519 will bring retest of 0.9476. Firm break there will resume […]
21/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 158.25; (P) 158.59; (R1) 159.28; More… Intraday bias in USD/JPY remains on the upside for the moment. Rise from 151.86 is in progress for 160.20 high, or possibly to 100% projection of 151.86 to 157.70 from 154.53 at 160.37. But upside should be limited there, at least on first attempt. On the […]