Logo-color Logo-white

Daily Pivots: (S1) 202.23; (P) 203.96; (R1) 204.91; More… Intraday bias in GBP/JPY is back on the downside as fall from 208.09 resumed. Deeper decline would be seen to 38.2% retracement of 191.34 to 208.09 at 201.69. Strong support is expected there to bring rebound. On the upside, above 205.77 minor resistance will turn intraday […]

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

previous

EUR/CHF Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

21/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3330; (P) 1.3350; (R1) 1.3388; More… Further decline is expected in USD/CAD as long as 1.3408 minor resistance holds. Fall from 1.3897 would target a retest on 1.3091 support. Nevertheless, break of 1.3408 will indicate short term bottoming, and turn bias back to the upside for stronger rebound. In the bigger picture, […]
19/08/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8636; (P) 0.8685; (R1) 0.8710; More….. Outlook in USD/CHF remains unchanged and intraday bias stays neutral for now. On the downside, break of 0.8616 support will indicate rejection by 38.2% retracement of 0.9223 to 0.8431 at 0.8734, and turn bias back to the downside for retesting 0.8431 low. On the upside, sustained […]
18/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.34; (P) 148.75; (R1) 149.47; More… Intraday bias in USD/JPY remains on the upside for the moment. Corrective fall from 150.87 should have completed at 146.47, after drawing support from 38.2% retracement of 140.25 to 150.87 at 146.81. Further rally should be seen to 150.87/89 key resistance zone. Nevertheless, on the downside, […]