gennisya
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EUR/JPY Mid-Day Outlook
Daily Pivots: (S1) 122.96; (P) 123.49; (R1) 123.95;
EUR/JPY’s rebound from 122.37 resumes today and hits as high as 124.59 so far. The development argues that correction from 127.07 has completed, as supported by 38.2% retracement of 114.42 to 127.07 at 122.23. Intraday bias is back on the upside fo
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S&P 500 Futures cheer stimulus hopes, Trump’s optimsim to attack five-week top
S&P 500 Futures rises for the third day while piercing 3,450.
White House takes another U-turn on stimulus talks, prefers large-scale aid package off-late.
China joins WHO’s global COVID-19 vaccine program after returning from one week-long holidays.
Brexit woes, increasing virus cases in Europe
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USD/CHF Daily Outlook
Daily Pivots: (S1) 0.9185; (P) 0.9202; (R1) 0.9223;
Intraday bias in USD/CHF remains on the downside for the moment. Corrective rebound from 0.8998 has completed with three waves up to 0.9304. Further fall should be seen for retesting 0.8998 low. On the upside, break of 0.9218 minor resistance will
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05.10 - USD/JPY extends late-Friday’s bounce
USD/JPY rises to 105.57, up 0.24% intraday, while heading into the European open on Monday. In doing so, the pair keeps its upside break of a falling trend line from August 28. As a result, bulls are geared towards a 200-bar SMA level of 105.67. During the USD/JPY bulls’ further dominance past-105.8
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