Logo-color Logo-white

Daily Pivots: (S1) 144.53; (P) 145.94; (R1) 146.67; More… Intraday bias in USD/JPY remains on the downside at this point. Rebound from 141.67 could have completed at 149.35 after rejection by 38.2% retracement of 161.94 to 141.67 at 149.41. Deeper fall would be seen to retest 141.67 low. Firm break there will resume the whole […]

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

previous

EUR/JPY Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

13/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8623; (P) 0.8667; (R1) 0.8697; More… Outlook is USD/CHF remains bearish with 38.2% retracement of 0.9223 to 0.8431 at 0.8734 intact. On the downside, below 0.8631 minor support will bring retest of 0.8431 first. Break there will resume the fall from 0.9223 to 0.8332 low. Nevertheless, firm break of 0.8734 will bring […]
26/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3465; (P) 1.3542; (R1) 1.3586; More… Intraday bias in USD/CAD remains on the downside for the moment. Fall from 1.3946 is in progress for 1.3477 support. Firm break there will target 1.3091/3176 support zone. On the upside, above 1.3617 resistance will turn intraday bias neutral first. In the bigger picture, current development […]
07/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.66; (P) 158.45; (R1) 159.60; More… EUR/JPY’s recovery from 154.40 extends higher today but stays below 162.87 resistance. Intraday bias remains neutral at this point, and further fall is expected. On the downside, below 157.71 minor support will turn bias back to the downside. Break of 154.40 will resume the fall from […]