Logo-color Logo-white

Daily Pivots: (S1) 156.04; (P) 157.30; (R1) 159.22; More.. Intraday bias in EUR/JPY stays on the upside for the moment. Rebound from 153.15 should target 55 D EMA (now at 158.97). On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In the bigger […]

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

previous

USD/JPY Mid-Day Outlook

next

EUR/AUD Daily Outlook

Read More

10/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 182.94; (P) 183.45; (R1) 184.15; More… Intraday bias in GBP/JPY stays neutral this point. On the upside, sustained break of 184.15 resistance will argue that whole pull back from 188.63 has completed and bring further rally to retest this high. However, break of 181.73 minor support will indicate rejection by 184.15, and […]
19/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.14; (P) 162.99; (R1) 163.68; More… Intraday bias in EUR/JPY remains neutral for the moment. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, below 160.57 minor support will turn bias back […]
05/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8811; (P) 0.8852; (R1) 0.8874; More…. Range trading continues in USD/CHF and intraday bias remains neutral for now. Further rally is in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support will turn bias back […]