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Daily Pivots: (S1) 1.2616; (P) 1.2656; (R1) 1.2715; More… Intraday bias in GBP/USD remains neutral at this point. On the downside, firm break of 1.2595 support will resume the decline from 1.2826 to 1.2499 support. Nevertheless, strong rebound from current level will retain near term bullishness. Decisive break of 1.2826 will resume whole rally from […]

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22/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3714; (P) 1.3760; (R1) 1.3795; More… Intraday bias in USD/CAD stays neutral at this point. Pull back from 1.3845 could extend lower, but downside should be contained by 1.3660 support to bring another rally. On the upside, firm break of 1.3845 will resume the whole rally from 1.3716 to 1.3976 key resistance. […]
23/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.06; (P) 191.00; (R1) 192.46; More… Intraday bias in GBP/JPY remains neutral as consolidation from 191.99 is extending. On the upside, above 191.99 will resume the rally from 180.00, and 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, […]
03/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 173.19; (P) 173.41; (R1) 173.73; More… EUR/JPY’s rally continues today and intraday bias stays on the upside. Current up trend should target 100% projection of 164.01 to 170.87 from 167.52 at 174.38. On the downside, below 173.07 minor support will turn intraday bias neutral and bring consolidations first. But outlook will remain […]