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Daily Pivots: (S1) 148.89; (P) 150.30; (R1) 151.13; More… Intraday bias in USD/JPY stays on the downside at this point. Sustained trading below 38.2% retracement of 139.57 to 156.74 at 150.18 will argue that whole rise from 139.57 could have completed. Deeper fall should then be seen to 61.8% retracement at 146.12 next. On the […]

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GBP/JPY Daily Outlook

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15/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.20; (P) 149.59; (R1) 150.15; More… Intraday bias in USD/JPY is turned neutral again with current retreat. Another rise is expected for now, and break of 149.97 will resume the rise from 139.57 to 61.8% retracement of 161.94 to 139.57 at 153.39 next. However, firm break of 146.48 will argue that such […]
25/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.19; (P) 192.26; (R1) 193.17; More… Intraday bias stays not the upside with 190.11 minor support intact. GBP/JPY’s rise e from 183.70, as the third leg of the corrective pattern from 180.00, is in progress for 193.45 resistance. Firm break there will target 61.8% retracement of 208.09 to 180.00 at 197.35. On […]
01/10/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8415; (P) 0.8445; (R1) 0.8486; More… No change in USD/CHF’s outlook as range trading continues. Intraday bias stays neutral and further decline is in favor with 0.8548 resistance intact. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down […]