Logo-color Logo-white

Daily Pivots: (S1) 158.31; (P) 159.16; (R1) 160.44; More… Intraday bias in EUR/JPY stays neutral at this point. While recovery from 156.16 could extend higher, outlook will stay bearish as long as 55 D EMA (now at 161.83) holds. On the downside, below 157.85 minor support will bring retest of 156.16 first. Break there will […]

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

previous

GBP/JPY Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

11/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8552; (P) 0.8562; (R1) 0.8576; More… Intraday bias in EUR/GBP remains neutral for the moment, as range trading continues. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has completed at 0.8601. Intraday bias will be back on the downside for retesting 0.8497 low next. […]
03/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3601; (P) 1.3645; (R1) 1.3672; More…. Range trading continues in USD/CAD and intraday bias remains neutral. On the upside, break of 1.3742 resistance will revive the case that correction from 1.3845 has completed at 1.3589. Intraday bias will be back on the upside for retesting 1.3845. On the downside, firm break of […]
12/12/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 193.03; (P) 193.92; (R1) 195.31; More… GBP/JPY’s break of 55 D EMA mixes up the original bearish outlook. Intraday bias is now mildly on the upside and further rise could be seen towards 199.79 resistance. On the downside, break of 192.35 support will bring deeper fall back to 188.07. In the bigger […]