Logo-color Logo-white

Daily Pivots: (S1) 146.78; (P) 147.89; (R1) 149.86; More… USD/JPY’s rebound from 139.57 is still in progress and intraday bias stays on the upside. Rise from 139.57 is seen as the second leg of the corrective pattern from 161.94. Break of 149.35 resistance will target 61.8% retracement of 161.94 to 139.57 at 153.39 next. On […]

The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

previous

EUR/USD Mid-Day Outlook

next

EUR/GBP Daily Outlook

Read More

30/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9358; (P) 0.9382; (R1) 0.9402; More… Intraday bias in EUR/CHF stays mildly on the downside at this point. Deeper pull back could be seen but downside should be contained above 0.9252 low to bring rebound. On the upside, above 0.9425 minor resistance will turn bias back to the upside. Further break of […]
13/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6287; (P) 1.6307; (R1) 1.6330; More… Intraday bias in EUR/AUD remains neutral for the moment. While stronger recovery might be seen, further decline is expected as long as 1.6494 resistance holds. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 will turn bias […]
19/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8604; (P) 0.8645; (R1) 0.8684; More…. Focus remains on 0.8665 support turned resistance in USD/CHF. Decisive break there will turn near term outlook bullish for 61.8% retracement of 0.9243 to 0.8332 at 0.8995. Nevertheless, break of 0.8565 minor support will turn intraday bias back to the downside for retesting 0.8332 low. In […]