Logo-color Logo-white

Daily Pivots: (S1) 206.68; (P) 207.25; (R1) 208.34; More… GBP/JPY’s rally resumed and hits as high as 208.08 so far. Intraday bias is now on the upside for 138.2% projection of 191.34 to 200.72 from 197.18 at 210.17. On the downside, below 206.12 minor support will turn intraday bias neutral and bring consolidations first. In […]

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

previous

USD/CAD Daily Outlook

next

AUD/USD Mid-Day Report

Read More

05/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0820; (P) 1.0873; (R1) 1.0965; More….. Intraday bias in EUR/USD remains on the upside for the moment. Decisive break of 1.0947 resistance will resume rise from 1.0665 and target 100% projection of 1.0665 to 1.0947 from 1.0776 at 1.1056. For now, risk will stay on the upside as long as 55 4H […]
16/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8937; (P) 0.8955; (R1) 0.8975; More… Intraday bias in USD/CHF remains neutral and further decline is expected with 0.9000 resistance intact. Below 0.8914 will target 0.8825 low. Break of 0.8825 will target 50% retracement of 0.8332 to 0.9223 at 0.8778 next. However, break of 0.9000 will turn bias back to the upside […]
18/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2968; (P) 1.3006; (R1) 1.3048; More… Further rally is expected in GBP/USD with 1.2937 minor support intact, despite some loss off upside momentum. Current t rise from 1.2298 should target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly above 1.3141 key medium term resistance. On the downside, […]