Logo-color Logo-white

Daily Pivots: (S1) 188.20; (P) 188.70; (R1) 189.42; More….. Intraday bias in GBP/JPY stays neutral for the moment. On the downside, below 187.94 will resume the decline from 191.29 to 38.2% retracement of 178.32 to 191.29 at 186.33. Sustained break there will raise the chance of larger scale correction and target 61.8% retracement at 183.27. […]

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

previous

GBP/USD Mid-Day Outlook

next

EUR/GBP Daily Outlook

Read More

03/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6766; (P) 0.6782; (R1) 0.6807; More… Intraday bias in AUD/USD remains neutral as consolidation form 0.6823 is extending. Deeper fall might be seen but downside should b contained by 0.6696 support to bring rebound. Above 0.6823 will target 0.6870 resistance next. However, break of 0.6696 support will indicate short term topping, on […]
30/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.19; (P) 160.02; (R1) 160.61; More… EUR/JPY is extending the consolidation from 161.84 and intraday bias remains neutral. While deeper retreat cannot be ruled out, further rally is expected as long as 158.55 resistance turned support holds. On the upside, break of 160.91 minor resistance will argue that rise from 153.15 is […]
28/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9915; (P) 0.9922; (R1) 0.9930; More…. EUR/CHF’s rally is still in progress and intraday bias stays on the upside. Current rise from 0.9252 should target 100% projection of 0.9304 to 0.9847 from 0.9563 at 1.0106, which is slightly above 1.0095 key structural resistance. On the downside, below 0.9880 minor support will turn […]