Logo-color Logo-white

Daily Pivots: (S1) 161.40; (P) 161.90; (R1) 162.74; More… Intraday bias in EUR/JPY remains on the upside for the moment. Correction from 163.70 should have completed at 160.20. Further rally would be seen to retest 163.70 first. Decisive break there will resume larger rally from 153.15 for 164.29 high. On the downside, below 161.05 minor […]

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

previous

AUD/USD Daily Report

next

EUR/USD Mid-Day Outlook

Read More

05/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3553; (P) 1.3568; (R1) 1.3591; More… No change in USD/CAD as consolidations continue below 1.3605 temporary top. Intraday bias stays neutral and further rally is expected as long as 1.3439 support holds. Break of 1.3605 will resume the rise from 1.3176 and target 100% projection of 1.3176 to 1.3540 from 1.3357 at […]
06/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 142.79; (P) 143.51; (R1) 144.17; More… Intraday bias in USD/JPY remains on the downside for retesting 141.67 low. Firm break there will resume whole decline from 161.95 high, for 140.25 support next. On the upside, above 144.22 minor resistance will turn intraday bias neutral first. But risk will stay on the downside […]
02/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0692; (P) 1.0708; (R1) 1.0731; More…. EUR/USD edged higher to 1.0775 earlier today but failed to break through 55 D EMA (now at 1.0773) and retreated. Intraday bias stays neutral first. On the upside, firm break of 55 D EMA will argue that pull back from 1.0915 has completed. Further rise should […]