Logo-color Logo-white

Daily Pivots: (S1) 174.50; (P) 174.83; (R1) 175.45; More… EUR/JPY’s rally continues today and intraday bias remains on the upside. Current up trend should target 138.2% projection of 164.01 to 170.87 from 167.52 at 177.00. For now, outlook will remain bullish as long as 173.50 support holds, in case of retreat. In the bigger picture, […]

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

previous

USD/CAD Daily Outlook

next

AUD/USD Mid-Day Report

Read More

24/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0872; (P) 1.0891; (R1) 1.0902; More… EUR/USD dips notably today but stays above 1.0843 support. Intraday bias remains neutral and more consolidations could be seen. Further decline is expected as long as 1.0995 resistance holds. Below 1.0843 will target 1.0722 support next. Decisive break there will argue that whole rise from 1.0447 […]
11/07/2024

EUR/JPY Mid-Day Outlook

Daily Pivots: (S1) 174.50; (P) 174.83; (R1) 175.45; More… EUR/JPY’s strong break of 173.50 support suggests that a short term top was formed at 175.41, on bearish divergence condition in 4H MACD. But there is no clear sign of trend reversal yet. While deeper pullback cannot be ruled out, downside could be contained by 170.87 […]
21/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6463; (P) 1.6484; (R1) 1.6517; More… Focus stays on 1.6474 support in EUR/AUD. Decisive break there will argue that rise from 1.5996 has completed, and dampen the larger bullish view. Intraday bias will be back on the downside for deeper fall towards 1.5996 in this case. Nevertheless, strong rebound from current level, […]