Logo-color Logo-white

Daily Pivots: (S1) 164.72; (P) 165.71; (R1) 166.47; More…. Intraday bias in EUR/JPY stays neutral for consolidations below 166.67 temporary top. Further rally is in favor as long as 55 D EMA (now at 162.92) holds. Sustained break of 61.8% retracement of 175.41 to 154.40 at 167.38 will pave the way to retest 175.41 high. […]

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

previous

GBP/JPY Daily Outlook

next

USD/CHF Daily Outlook

Read More

15/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9609; (P) 0.9619; (R1) 0.9629; More… Intraday bias in EUR/CHF remains neutral and further rally is expected with 0.9510 support intact. On the upside, break of 0.9630 will resume the rise from 0.9252 and target 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. However, considering bearish divergence condition in […]
23/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8878; (P) 0.8890; (R1) 0.8909; More… Intraday bias in USD/CHF is back on the upside with break of 0.8914 support turned resistance. Further rally should be seen to 55 D EMA (now at 0.8967) and possibly above. But still, break of 0.9049 resistance is needed to confirm that fall from 0.9223 has […]
31/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6307; (P) 1.6338; (R1) 1.6363; More… Range trading in EUR/AUD continues and intraday bias stays neutral at this point. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, above 1.6403 will resume the rebound […]