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GBP/JPY’s rise from 180.00 resumed last week but formed a temporary top at 198.41. Initial bias remains neutral this week for consolidations first. Further rally is expected as long as 193.69 support holds. On the upside, sustained trading above 61.8% retracement of 208.09 to 180.00 at 197.35 will target 208.09 high next. In the bigger […]

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20/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8573; (P) 0.8630; (R1) 0.8667; More…. Intraday bias in USD/CHF remains on the downside for the moment. Current fall from 0.9243 should target 0.8551 key support next. On the upside, above 0.8710 minor resistance will turn intraday bias neutral again first. But outlook will remain bearish as long as 0.8819 resistance holds. […]
15/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.78; (P) 153.08; (R1) 153.58; More… Intraday bias in USD/JPY remains on the upside at this point. Current up trend is in progress for 155.20 fibonacci projection level next. On the downside, below 153.37 minor support will turn intraday bias neutral and bring consolidations again, before staging another rally. In the bigger […]
05/03/2024

AUD/USD Mid-Day Report

Daily Pivots: (S1) 0.6499; (P) 0.6517; (R1) 0.6528; More… Intraday bias in AUD/USD is back on the downside with break of 0.6486 temporary low. Retest of 0.6442 support should be seen next. Firm break there will resume whole decline from 0.6870 for 61.8% projection of 0.6870 to 0.6442 from 0.6594 at 0.6329. On the upside, […]