Daily Pivots: (S1) 202.12; (P) 202.46; (R1) 202.99; More… Intraday bias in GBP/JPY remains neutral and further rise is expected with 200.54 support intact. Break of 204.22 will suggest that rise from 184.35 is resuming through 205.30 towards 208.09 high. However, break of 200.54 will extend the fall from 205.30 to 197.47 key structural support. […]
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Daily Pivots: (S1) 177.27; (P) 177.63; (R1) 178.01; More… Intraday bias in EUR/JPY remains neutral and further rise is expected with 174.80 support intact. On the upside, break of 178.80 will extend the up trend to 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. However, considering bearish divergence condition in 4H MACD, […]
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Daily Pivots: (S1) 0.8759; (P) 0.8771; (R1) 0.8780; More… EUR/GBP is staying in consolidations below 0.8817 and intraday bias remains neutral. Further rally is expected as long as 0.8750 resistance turned above holds. Above 0.8817 will target 0.8867 fibonacci level. Firm break there will carry larger bullish implications. Nevertheless, sustained break of 0.8750 will turn […]
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Daily Pivots: (S1) 1.7570; (P) 1.7614; (R1) 1.7664; More… EUR/AUD recovered after edging lower to 1.7561 and intraday bias remains neutral. Further fall is in favor as long as 1.7813 resistance holds. Decisive break of 1.7569 support solidify the case that corrective pattern from 1.8554 is already in the third leg. Deeper fall should then […]
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Daily Pivots: (S1) 0.9279; (P) 0.9295; (R1) 0.9325; More…. Intraday bias in EUR/CHF stays neutral at this point. On the upside, decisive break of 0.9311 support turned resistance and 55 D EMA (now at 0.9307) will suggest that whole fall from 0.9660 has completed as a corrective move. Further rise should then be seen to […]
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