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Daily Pivots: (S1) 0.8811; (P) 0.8852; (R1) 0.8874; More…. Intraday bias in USD/CHF remains neutral as range trading continue below 0.8891. Further rally is in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support will turn bias back […]

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GBP/USD Daily Outlook

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18/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6715; (P) 0.6735; (R1) 0.6749; More… Intraday bias in AUD/USD remains neutral for the moment. Further rally is expected as long as 0.6709 minor support holds. On the upside, above 0.6798 will resume the rally from 0.6361 and target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. Decisive break there […]
10/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 142.15; (P) 142.97; (R1) 144.00; More… Intraday bias in USD/JPY remains neutral for the moment. Further decline is expected as long as 147.20 resistance holds. On the downside, decisive break of 141.67 will resume whole decline from 161.95 high. Next target will be 140.25 support. In the bigger picture, fall from 161.94 […]
14/09/2024

GBP/JPY Weekly Outlook

GBP/JPY fell further to 183.70 last week but recovered since then. Initial bias remains neutral this week first. Outlook will stay cautiously bearish as long as 189.72 resistance holds. Below 183.70 will resume the fall from 193.45 to retest 180.00 low. Firm break there will extend whole decline from 208.09 to 175.94 fibonacci level. In […]