Logo-color Logo-white

EUR/JPY failed to break through 165.33 last week and retreated sharply since then. Despite brief breach of 162.59 support, it recovered quickly. Initial bias remains neutral this week first. On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. However, decisive break of 162.59 will argue that it’s […]

The post EUR/JPY Weekly Outlook appeared first on Action Forex.

previous

GBP/JPY Weekly Outlook

next

EUR/USD Weekly Outlook

Read More

11/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9443; (P) 0.9459; (R1) 0.9490; More… Intraday bias in EUR/CHF remains neutral for the moment and some consolidations would be seen above 0.9402 first. Further fall is expected as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. In the bigger picture, medium […]
21/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8855; (P) 0.8891; (R1) 0.8949; More…. USD/CHF is staying in consolidation above 0.8825 and intraday bias remains neutral for the moment. Outlook will stay bearish as long as 0.8992 resistance holds. On the downside, break of 0.8825 will resume the fall from 0.9223. Next target is 61.8% retracement of 0.8332 to 0.9223 […]
28/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 199.85; (P) 200.14; (R1) 200.67; More… Intraday bias in GBP/JPY remains on the upside for 100% projection of 191.34 to 180.07 from 195.02 at 200.75. Strong resistance could be seen there to limit upside. But upside should be limited there. On the downside, below 198.25 minor support will turn intraday bias back […]