Logo-color Logo-white

Daily Pivots: (S1) 189.91; (P) 190.72; (R1) 192.08; More… Intraday bias in GBP/JPY remains neutral for consolidations above 188.07 temporary low. Further decline is expected as long as 55 D EMA (now at 194.25) holds. On the downside, below 188.07 temporary low will resume the fall from 199.79 to 183.70 support. Firm break there will […]

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

previous

AUD/USD Daily Report

next

GBP/USD Mid-Day Outlook

Read More

13/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8425; (P) 0.8439; (R1) 0.8459; More… Intraday bias in EUR/GBP is turned neutral with current recovery, and some consolidations would be seen first. Further decline is expected as long as 0.8482 support turned resistance holds. Below 0.8417 will resume larger down trend to 0.8376 projection level next. On the upside, firm break […]
26/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2679; (P) 1.2711; (R1) 1.2740; More… Range trading continues in GBP/USD and intraday bias remains neutral. Deeper pull back cannot be ruled out. But downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2784 resistance will suggest that consolidation pattern has completed. Further rise should […]
17/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6456; (P) 1.6492; (R1) 1.6554; More… EUR/AUD’s rebound from 1.6127 is in progress and intraday bias stays on the upside. Correction from 1.7062 should have completed with three waves down to 1.6127. Further rise should be seen to 1.6844 resistance for confirmation. On the downside, below 1.6456 minor support will turn intraday […]