Logo-color Logo-white

Daily Pivots: (S1) 146.63; (P) 147.27; (R1) 147.87; More… USD/JPY is staying consolidation above 146.65 temporary low and intraday bias remains neutral. While another recovery cannot be ruled out, risk will stay on the downside as long as 55 4H EMA (now at 148.75) holds. Break of 146.65 will resume the fall from 151.89 to […]

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

previous

USD/CHF Daily Outlook

next

EUR/CHF Mid-Day Outlook

Read More

02/12/2023

USD/JPY Weekly Outlook

USD/JPY’s fall from 151.89 resumed last week and edged lower to 146.65, but recovered again. Initial bias stays neutral this week first. Further fall is in favor with upside capped by 55 4H EMA (now at 148.38). Break of 146.65 will target 145.06 key support level. In the bigger picture, rise from 127.20 (2023 low) […]
14/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9447; (P) 0.9469; (R1) 0.9503; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9402 is extending. Overall outlook stays bearish as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 […]
16/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6638; (P) 0.6672; (R1) 0.6693; More… AUD/USD’s decline from 0.6870 resumed by breaking through 0.6639 support. Intraday bias is back on the downside. Deeper fall should be seen to 61.8% retracement of 0.6269 to 0.6870 at 0.6497 next. On the upside, break of 0.6728 is needed to indicate completion of the decline. […]