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

20/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2695; (P) 1.2717; (R1) 1.2742; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen. Risk will stay on the downside as long as 1.2859 resistance holds. Firm break of 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. In […]
05/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.30; (P) 189.64; (R1) 190.32; More… Immediate focus is no won 188.23 support in GBP/JPY with current decline. Firm break there will indicate that rebound from 180.00 has completed at 193.45. Intraday bias will be turn back to the downside for retesting 180.00. Nevertheless, strong rebound from current level will keep the […]
06/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8817; (P) 0.8843; (R1) 0.8860; More…. Range trading continues in USD/CHF and intraday bias remains neutral. Further rally is in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support will turn bias back to the […]