Logo-color Logo-white

Daily Pivots: (S1) 159.15; (P) 159.66; (R1) 159.95; More… Despite loss of upside momentum, further rally is expected in EUR/JPY for now. Rebound from 153.15 would target 100% projection of 153.15 to 158.55 from 155.06 at 160.46. Firm break there will target 161.8% projection at 163.79. However, break of 157.19 support will argue that the […]

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

previous

EUR/USD Daily Outlook

next

EUR/GBP Daily Outlook

Read More

05/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6623; (P) 1.6652; (R1) 1.6708; More… EUR/AUD’s rally resumed by breaking through 1.6692 temporary top and intraday bias is back on the upside. Rise from 1.6127 should target 61.8% projection of 1.6127 to 1.6671 from 1.6450 at 1.6786. Firm break there will target 100% projection at 1.6994 next. For now, near term […]
30/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6431; (P) 1.6466; (R1) 1.6525; More… Intraday bias in EUR/AUD remains on the upside as rise from 1.6002 is extending. Current development suggest that fall from 1.7180 has completed with three waves down to 1.6002, after being supported by 1.5996. Further rally should be seen to 61.8% retracement of 1.7180 to 1.6002 […]
01/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2582; (P) 1.2646; (R1) 1.2689; More… GBP/USD is staying in consolidation from 1.2731 and intraday bias remains neutral at this point. For now, further rally is in favor as long as 1.2426 resistance turned support holds. On the upside, sustained trading above 61.8% retracement of 1.3141 to 1.2036 at 1.2716 will pave […]