Logo-color Logo-white

Daily Pivots: (S1) 152.80; (P) 153.30; (R1) 154.14; More… USD/JPY’s rebound from 148.64 is in progress and intraday bias stays on the upside for retesting 156.74. Firm break there will resume whole rally from 139.57, and target 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 next. On the downside, below 151.79 minor support […]

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

previous

GBP/USD Daily Outlook

next

GBP/JPY Daily Outlook

Read More

03/08/2024

GBP/JPY Weekly Outlook

GBP/JPY’s fall from 208.09 continued last week and accelerated further. This decline is as correcting the whole rally from 148.93. Initial bias stays on the downside this week for 185.49 fibonacci level. On the upside, above 193.23 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another decline. In the bigger […]
28/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 141.31; (P) 142.08; (R1) 142.61; More… USD/JPY’s break of 140.94 indicates resumption of fall from 151.89. Intraday bias is now on the downside. Next target is 136.63. fibonacci level. On the upside, above 142.84 minor resistance will turn intraday bias neutral gain. But recovery should be limited below 144.94 resistance to bring […]
12/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6165; (P) 1.6226; (R1) 1.6267; More… Intraday bias in EUR/AUD stays neutral at this point. For now, risk will stay mildly on the downside as long as 1.6598 holds, in case of stronger rebound. On the downside, break of 1.6161 will resume the decline from 1.6590 to target a test on 1.5996/6002 […]