Logo-color Logo-white

Daily Pivots: (S1) 146.57; (P) 146.87; (R1) 147.25; More… A temporary low is formed at 146.47 with today’s recovery and intraday bias in USD/JPY is turned neutral first. On the downside, sustained break of 38.2% retracement of 140.25 to 150.87 at 146.81 will argue that fall from 150.87 is reversing the whole rally from 140.25. […]

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

previous

EUR/USD Mid-Day Outlook

next

GBP/JPY Daily Outlook

Read More

26/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6538; (P) 1.6569; (R1) 1.6602; More… Range trading continues in EUR/AUD and intraday bias remains neutral at this point. 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 […]
16/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2955; (P) 1.2975; (R1) 1.2988; More… Intraday bias in GBP/USD is turned neutral first with current retreat. Some consolidations would be seen below 1.2994 temporary top first. But further rally is expected as long as 1.2859 resistance turned support holds. Above 1.2994 will resume the rally from 1.2298 and target 100% projection […]
05/03/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0840; (P) 1.0853; (R1) 1.0870; More… Intraday bias in EUR/USD remains neutral at this point, and outlook is unchanged. On the upside, break of 1.0887 and sustained trading above 55 D EMA (now at 1.0831) will affirm the case that fall from 1.1138 has completed. Stronger rally would then be seen back […]