Logo-color Logo-white

Daily Pivots: (S1) 160.00; (P) 160.63; (R1) 161.24; More…. EUR/JPY continues to stay in range below 163.86 and intraday bias remains neutral. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, however, firm break of […]

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

previous

EUR/GBP Daily Outlook

next

EUR/USD Daily Outlook

Read More

05/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8548; (P) 0.8557; (R1) 0.8564; More… Intraday bias in EUR/GBP remains neutral at this point, and outlook is unchanged. Considering bullish convergence condition in D MACD, decisive break of 0.8577 and 55 D EMA (now at 0.8572) will argue that fall from 0.8764 has completed. Intraday bias will be back on the […]
16/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.70; (P) 191.71; (R1) 193.01; More.. Range trading continues in GBP/JPY and intraday bias stays neutral for the moment. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. Nevertheless, decisive break of 189.97 support will indicate that it’s at least correcting the rise from 178.32, […]
05/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6494; (P) 1.6537; (R1) 1.6610; More… Intraday bias in EUR/AUD remains neutral for the moment. t. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for confirmation. Nevertheless, […]