Logo-color Logo-white

EUR/JPY’s rise from 154.40 resumed last week but a temporary top was then formed at 165.00. Initial bias remains neutral this week for consolidations first. Further rally is expected as long as 161.83 support holds. Above 165.50 will target 61.8% retracement of 175.41 to 154.40 at 167.38. Sustained break there will pave the way to […]

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

previous

EUR/USD Mid-Day Outlook

next

EUR/AUD Weekly Outlook

Read More

07/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6699; (P) 1.6785; (R1) 1.6859; More… EUR/AUD’s retreat from 1.7180 extends lower today but stays well above 1.6474 support. Intraday bias remains neutral first and further rally is still in favor. On the upside, above 1.6869 minor resistance will turn bias back to the upside for retesting 1.7180. Firm break there will […]
27/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6626; (P) 0.6658; (R1) 0.6679; More… No change in AUD/USD’s outlook as consolidation from 0.6713 is still extending. Intraday bias remains neutral at this point. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume […]
05/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9320; (P) 0.9341; (R1) 0.9372; More… Intraday bias in EUR/CHF remains neutral for the moment. Fall from 0.9471 could still extend lower, but downside should be contained above 0.9252 low to bring rebound. On the upside, firm break of 0.9363 minor resistance will argue that the correction from 0.9471 has completed, and […]