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Daily Pivots: (S1) 152.01; (P) 152.40; (R1) 152.99; More… Intraday bias in USD/JPY stays on the upside at this point. Break of 153.26 will larger rally from 139.87 to 100% projection of 142.66 to 150.90 from 145.47 at 153.71. Firm break there would prompt upside acceleration to 161.8% projection at 158.80. On the downside, below […]
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Daily Pivots: (S1) 1.3301; (P) 1.3333; (R1) 1.3358; More… No change in GBP/USD’s outlook and intraday bias stays neutral. Fall from 1.3725 could extend lower and break of 1.3247 will target 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 at 1.3142). Strong support is expected there to contain downside to complete the corrective pattern from […]
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Daily Pivots: (S1) 0.7939; (P) 0.7963; (R1) 0.7976; More… No change in USD/CHF’s outlook and intraday bias remains neutral. With 0.7984 resistance intact, further decline is in favor. On the downside, below 0.7913 minor support will turn bias to the downside for 0.7872 and then 0.7828 low. Firm break there will resume larger down trend. […]
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Daily Pivots: (S1) 0.6489; (P) 0.6503; (R1) 0.6528; More… No change in AUD/USD’s outlook as consolidations continues. Intraday bias remains neutral at this point. Further decline is in favor as long as 55 D EMA (now at 0.6539) holds. Below 0.6439 will target 0.6413 cluster support (38.2% retracement of 0.5913 to 0.6706 at 0.6403. Decisive […]
The post AUD/USD Daily Report appeared first on Action Forex.
Daily Pivots: (S1) 151.62; (P) 151.84; (R1) 152.18; More… USD/JPY’s rally is in progress and intraday bias stays on the upside for 153.26 resistance. Break there will resume larger rally from 139.87 to 100% projection of 142.66 to 150.90 from 145.47 at 153.71. Firm break there would prompt upside acceleration to 161.8% projection at 158.80. […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.7948; (P) 0.7961; (R1) 0.7973; More… Intraday bias in USD/CHF remains neutral and outlook is unchanged. With 0.7984 resistance intact, further decline is in favor. On the downside, below 0.7913 minor support will turn bias to the downside for 0.7872 and then 0.7828 low. Firm break there will resume larger down trend. […]
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Daily Pivots: (S1) 1.3981; (P) 1.3993; (R1) 1.4006; More… USD/CAD is still extending the corrective pattern from 1.4078. Intraday bias stays neutral for the moment. While deeper retreat cannot be ruled out, further rally is still expected as long as 1.3930 support holds. Current development suggest that rise from 1.3538 is reversing whole fall from […]
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