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Daily Pivots: (S1) 141.86; (P) 142.79; (R1) 143.37; More… USD’s fall from 161.94 resumed by breaking through 141.76 temporary low. Intraday bias is back on the downside for 140.25 support, and possibly further to 139.26 fibonacci level too. On the upside, above 143.70 minor resistance will turn intraday bias neutral first. But outlook will stay […]

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EUR/USD Daily Outlook

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23/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3716; (P) 1.3746; (R1) 1.3786; More… Intraday bias in USD/CAD stays on the upside and outlook is unchanged. Corrective pattern from 1.3845 might have completed with three waves to 1.3588, after hitting 38.2% retracement of 1.3716 to 1.3845 at 1.3589. Further rise should be seen to 1.3790 resistance first. Firm break there […]
15/02/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0704; (P) 1.0719; (R1) 1.0744; More… Intraday bias in EUR/USD is turned neutral with current recovery, and some consolidations could be seen first. Outlook will remain bearish as long as 1.0804 resistance holds. Below 1.0694 will resume the fall from 1.1138 to retest 1.0447 support. Nevertheless, considering bullish convergence condition in 4H […]
30/11/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.51; (P) 187.02; (R1) 187.42; More… Intraday bias in GBP/JPY stays neutral for consolidation below 188.63. While deeper retreat cannot be ruled out, near term outlook will stay bullish as long as 184.44 support holds. On the upside, break of 188.63 will resume larger up trend. In the bigger picture, as long […]