Logo-color Logo-white

Daily Pivots: (S1) 193.07; (P) 193.72; (R1) 194.92; More… Intraday bias in GBP/JPY is turned neutral first with current sharp retreat. ON the upside, above 195.95 temporary top will extend the corrective rebound from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. However, firm break of 190.11 will argue that this correction […]

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

previous

USD/CAD Daily Outlook

next

EUR/AUD Daily Outlook

Read More

25/03/2024

USD/CHF Weekly Outlook

USD/CHF’s rally resumed last week and surged to 0.9019. Initial bias stays on the upside for 100% projection projection of 0.8550 to 0.8884 from 0.8728 at 0.9062. On the downside, below 0.8922 minor support will turn intraday bias neutral and bring consolidations. But, outlook will remain bullish as long as 0.8728 support holds. In the […]
21/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.29; (P) 192.91; (R1) 194.02; More….. Intraday bias in GBP/JPY remains on the upside for the moment. Current up trend should target 61.8% projection of 178.32 to 191.29 from 187.94 at 195.95, which is close to 195.86 long term resistance. On the downside, below 191.78 minor support will turn intraday bias neutral […]
01/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9607; (P) 0.9624; (R1) 0.9644; More…. Immediate focus is now on 0.9683 as EUR/CHF extended the rebound from 0.9476. Decisive break there will argue that Fall from 0.9928 has completed, probably as a correction. Intraday bias will be back on the upside for retesting 0.9928 resistance. Nevertheless, rejection by 0.9683 will maintain […]