Logo-color Logo-white

Daily Pivots: (S1) 1.6499; (P) 1.6553; (R1) 1.6586; More… Intraday bias in EUR/AUD remains neutral for the moment. Further rally would remain in favor as long as 1.6740 support holds. On the upside, above 1.6745 will argue that the pullback has completed, and turn bias back to the upside for retesting 1.7180. However, firm break […]

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

previous

EUR/GBP Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

19/02/2024

EUR/JPY Weekly Outlook

EUR/JPY’s rise from 153.15 resumed by breaking 161.84 resistance last week. Initial bias remains on the upside for retesting 164.29 high next. On the downside, however, below 160.90 minor support will turn intraday bias neutral first. In the bigger picture, price actions from 164.29 medium term top are seen as a correction to rise from […]
25/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 154.91; (P) 155.15; (R1) 155.58; More… USD/JPY’s rally accelerates today and breaks through 155.20 fibonacci level. There is no sign of topping yet. Intraday bias stays on the upside at this point. Sustained trading above 155.20 will pave the way 100% projection of 140.25 to 150.87 from 146.47 at 157.09. For now, […]
15/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 184.33; (P) 184.99; (R1) 185.51; More… Intraday bias in GBP/JPY stays neutral and further rally is in favor as long as 182.73 minor support holds. Corrective pull back from 188.63 should have completed. Above 186.14 will resume the rebound from 178.32 to retest 188.63. In the bigger picture, price actions from 188.63 […]