Logo-color Logo-white

Daily Pivots: (S1) 157.42; (P) 157.73; (R1) 158.24; More… Intraday bias in EUR/JPY stays neutral at this point, and further rally is in favor with 155.06 support intact. On the upside, above 158.97 will resume the rebound from 153.15 to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. In the bigger picture, price […]

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

previous

GBP/JPY Daily Outlook

next

EUR/GBP Daily Outlook

Read More

04/02/2024

USD/JPY Weekly Outlook

USD/JPY dipped to 145.88 last week as consolidation from 148.79 extended, but rebounded strongly since then. Initial focus now on 148.79 this week. Firm break there will resume the rally from 140.25 to 151.89/93 key resistance zone. For now, further rise will remain in favor as long as 145.88 holds, in case of retreat. In […]
09/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0886; (P) 1.0915; (R1) 1.0949; More….. Intraday bias in EUR/USD remains neutral at this point. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, above 1.0944 minor resistance will bring retest of 1.1007 first. Further break there will resume recent rally from 1.0665 […]
13/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6494; (P) 1.6550; (R1) 1.6583; More… Range trading continues in EUR/AUD and intraday bias remains neutral. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for confirmation. Nevertheless, […]