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Daily Pivots: (S1) 188.65; (P) 189.09; (R1) 189.57; More….. Intraday bias in GBP/JPY remains neutral for the moment. 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 at 183.27. […]

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20/11/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 153.70; (P) 154.25; (R1) 155.21; More… Intraday bias in USD/JPY remains mildly on the upside for retesting 156.74. Firm break there will resume the whole rally from 139.57 towards 161.94 high. On the downside, though, break of 153.27 will resume the correction towards 38.2% retracement of 139.57 to 156.74 at 150.18. In […]
14/11/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8299; (P) 0.8322; (R1) 0.8337; More… Intraday bias in EUR/GBP stays neutral and more consolidations could be seen above 0.8259 temporary low. But further decline is expected as long as 0.8446 resistance holds. Break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, down trend from […]
09/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 157.59; (P) 158.04; (R1) 158.38; More… Intraday bias in EUR/JPY remains neutral for the moment. Risk will stay on the upside as long as 155.06 support holds. On the upside, above 158.97 will resume the rebound from 153.15 to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. In the bigger […]