Logo-color Logo-white

Daily Pivots: (S1) 202.69; (P) 203.04; (R1) 203.58; More… Intraday bias in GBP/JPY remains on the upside at this point. Current rally should target 100% projection of 191.34 to 200.72 from 197.18 at 206.56 next. On the downside, below 202.41 minor support will turn intraday bias neutral first. But outlook will remain bullish as long […]

The post GBP/JPY Daily Outlook appeared first on Action Forex.

previous

EUR/JPY Daily Outlook

next

EUR/USD Daily Outlook

Read More

29/11/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2631; (P) 1.2673; (R1) 1.2739; More… GBP/USD’s rally is still in progress and intraday bias stays on the upside. 4H MACD indicates that it’s picking up momentum again. Sustained trading above 61.8% retracement of 1.3141 to 1.2036 at 1.2716 will pave the way to retest 1.3141 high. On the downside, below 1.2606 […]
15/02/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0674; (P) 1.0736; (R1) 1.0772; More… EUR/USD’s fall from 1.1138 is in progress and intraday bias remains on the downside. Current development argues that whole rise from 1.0447 has already finished. Deeper decline would be seen back to this 1.0447 support. On the upside, break of 1.0804 resistance is needed to signal […]
11/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.09; (P) 152.66; (R1) 153.73; More… Intraday bias in USD/JPY remains on the upside at this point. 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03 is already met but there is not sign of topping yet. Sustained break there will target 155.20 projection level next. On the downside, below 151.95 […]