Logo-color Logo-white

Daily Pivots: (S1) 167.83; (P) 168.24; (R1) 168.98; More… Intraday bias in EUR/JPY stays on the upside at this point. Rebound from 164.01 is seen as the second leg of the corrective pattern from 171.58. Firm break of 168.64 will target 171.58 high. On the downside, below 167.49 minor support will turn intraday bias neutral […]

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

previous

USD/JPY Daily Outlook

next

USD/CHF Mid-Day Outlook

Read More

25/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.68; (P) 154.33; (R1) 155.56; More… Intraday bias in USD/JPY is turned neutral first with current recovery, and some consolidations would be seen above 151.93 temporary low. But risk will remain on the downside as long as 155.36 support turned resistance holds. Decisive break of 151.89 resistance turned support will argue that […]
01/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.21; (P) 147.86; (R1) 148.88; More… Intraday bias in USD/JPY remains neutral for the moment. On the upside, sustained break of 55 4H EMA (now at 148.54) will argue that corrective fall from 151.89 has completed with three waves down to 146.65. Intraday bias would be back on the upside for 149.66 […]
03/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9026; (P) 0.9038; (R1) 0.9052; More… Intraday bias in USD/CHF is turned neutral first with current retreat. Further rise is mildly in favor as long as 0.8956 support holds. Above 0.9049 will affirm the case that corrective fall from 0.9223 has completed at 0.8825. Further rally would then be seen to 0.9157 […]