Logo-color Logo-white

Daily Pivots: (S1) 163.94; (P) 164.17; (R1) 164.39; More… Intraday bias in EUR/JPY remains neutral for consolidations below 165.33. Downside of current retreat should be contained by 55 4H EMA (now at 163.57) to bring rebound. On the upside, break of 165.33 will resume larger up trend to 61.8% projection of 153.15 to 163.70 from […]

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

previous

USD/JPY Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

29/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 178.86; (P) 180.18; (R1) 181.35; More… Range trading continues in GBP/JPY above 178.32 and intraday bias remains neutral. Further decline is expected as long as 184.15 resistance holds. On the downside, break of will resume the decline from 188.63 and target 38.2% retracement of 148.93 to 188.63 at 173.46. However, decisive break […]
07/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6608; (P) 0.6623; (R1) 0.6642; More… Intraday bias in AUD/USD is turned neutral with current retreat. Some consolidations could be seen but further rally is expected as long as 0.6464 support holds. As noted before, fall from 0.6870 could have completed with three waves down to 0.6361. Above 0.6645 will target 100% […]
19/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3658; (P) 1.3698; (R1) 1.3717; More… USD/CAD’s decline from 1.3946 continues today and intraday bias stays on the downside for 1.3588 support. On the upside, above 1.3737 minor resistance will turn intraday bias back to the upside for stronger recovery. In the bigger picture, price actions from 1.3976 (2022 high) are viewed […]