Logo-color Logo-white

Daily Pivots: (S1) 151.68; (P) 152.03; (R1) 152.62; More… Intraday bias in USD/JPY stays on the upside with 151.44 minor support intact. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. On the downside, below 151.44 minor support will turn intraday bias neutral again first. […]

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

previous

EUR/USD Mid-Day Outlook

next

EUR/USD Daily Outlook

Read More

07/07/2024

USD/CHF Weekly Outlook

USD/CHF’s rally was rejected by near term falling channel last week and reversed from there. Immediate focus is now on 0.8956 support this week. Firm break there will argue that rebound from 0.8825 has completed and bring retest of this low. On the upside, break of 0.9049 will resume the rebound instead. In the bigger […]
25/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9675; (P) 0.9716; (R1) 0.9740; More.. Intraday bias in EUR/CHF remains neutral for consolidations below 0.9786. Downside of retreat should be contained by 0.9557 support to bring rebound. On the upside, above 0.9786 will resume the rally from 0.9252 towards 1.0095 resistance next. In the bigger picture, a medium term bottom should […]
19/12/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8216; (P) 0.8247; (R1) 0.8265; More… No change in EUR/GBP’s outlook and intraday bias stays on the downside. Firm break of 0.8224 will resume larger down trend to 0.8201 key support. Strong support could be seen there to bring rebound. But break of 0.8326 resistance is needed to confirm short term bottoming. […]