Logo-color Logo-white

Daily Pivots: (S1) 196.10; (P) 197.24; (R1) 198.69; More… Intraday bias in GBP/JPY remains neutral for consolidations below 199.79. Further rally is expected as long as 55 D EMA (now at 194.26) holds. Above 199.79 will resume the rebound from 180.00 to retest 208.09 high. However, sustained break of 55 D EMA will argue that […]

The post GBP/JPY Daily Outlook appeared first on Action Forex.

previous

AUD/USD Daily Report

next

EUR/JPY Daily Outlook

Read More

27/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6551; (P) 1.6572; (R1) 1.6599; More… Intraday bias in EUR/AUD stays neutral first as range trading continues. Near term outlook will stay cautiously bullish as long as 1.6439 support holds. On the upside, above 1.6677 will target 1.6742 first. Decisive break there will resume whole rise from 1.6127 and target 1.6844 resistance […]
09/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2693; (P) 1.2722; (R1) 1.2780; More… Intraday bias in GBP/USD is turned neutral first with current recovery. Another fall is in favor as long as 1.2839 resistance holds. Below 1.2664 will target 1.2612 support. Decisive break there should confirm that rise from 1.2298 has completed, and target this support next. However, break […]
30/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 153.91; (P) 156.95; (R1) 159.37; More… Intraday bias in USD/JPY stays neutral for the moment. Consolidation from 160.20 short term top is extending. Strong support could be seen from 38.2% retracement of 146.47 to 160.20 at 154.95 to bring recovery. But break of 160.20 is not envisaged for now. However, firm break […]