Logo-color Logo-white

EUR/JPY stayed in range of 158.09/163.47 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, firm break of 163.47/86 resistance will resume the rebound from 154.40 to 61.8% retracement of 175.41 to 154.40 at 167.38. On the downside, break of 158.09 will bring deeper fall back to 154.40/155.14 […]

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

previous

GBP/JPY Weekly Outlook

next

USD/CHF Daily Outlook

Read More

12/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 156.83; (P) 157.12; (R1) 157.43; More… No change in USD/JPY’s outlook as range trading continues. On the upside, break of 157.70 will resume the whole rise from 151.86 and target 160.20 high. Nevertheless, break of 154.53 will turn bias to the downside for 151.86 support and possibly below, as the third leg […]
21/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.75; (P) 156.03; (R1) 156.56; More… Outlook in USD/JPY is unchanged and intraday bias stays neutral. Price actions from 160.20 are seen as a corrective pattern. On the upside, break of 156.78 will resume the rise from 151.86, as the second leg, to 100% projection of 151.86 to 156.78 from 153.59 at […]
20/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8835; (P) 0.8845; (R1) 0.8856; More…. Intraday bias in USD/CHF remains on the downside for the moment. Fall from 0.9223 should target 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. On the upside, above 0.8880 support turned resistance will turn intraday bias neutral first. But risk will stay on the downside […]