Logo-color Logo-white

Daily Pivots: (S1) 152.80; (P) 153.33; (R1) 153.92; More… USD/JPY is extending consolidation below 153.87 temporary low and intraday bias stays neutral. Deeper retreat cannot be ruled out but further rally is expected as long as 55 D EMA (now at 148.84) holds. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will […]

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

previous

USD/JPY Daily Outlook

next

GBP/USD Daily Outlook

Read More

28/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6826; (P) 0.6839; (R1) 0.6860; More… Intraday bias in AUD/USD remains on the upside, as rise from 0.6269 is in progress for 0.6894 resistance first. Sustained break there will target 0.7156 next. On the downside, below 0.6796 minor support will turn intraday bias neutral first. But outlook will remain bullish as long […]
26/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3567; (P) 1.3590; (R1) 1.3610; More… Intraday bias in USD/CAD remains neutral with focus on 1.3612 resistance. Decisive break there will resume whole rise from 1.3176 towards 1.3897 resistance. On the downside, firm break of 1.3419 support will argue that rebound from 1.3176 has completed. Near term outlook will be turned bearish […]
17/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3592; (P) 1.3616; (R1) 1.3643; More… Intraday bias in USD/CAD is turned neutral with current recovery. But further fall is expected as long as 1.3689 resistance holds. Below 1.3589 temporary low will resume the decline from 1.3845 to 100% projection of 1.3845 to 1.3608 from 1.3761 at 1.3524. Sustained trading below 55 […]