Logo-color Logo-white

Daily Pivots: (S1) 193.03; (P) 193.92; (R1) 195.31; More… GBP/JPY’s break of 55 D EMA mixes up the original bearish outlook. Intraday bias is now mildly on the upside and further rise could be seen towards 199.79 resistance. On the downside, break of 192.35 support will bring deeper fall back to 188.07. In the bigger […]

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

previous

GBP/USD Daily Outlook

next

EUR/JPY Daily Outlook

Read More

01/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.68; (P) 161.31; (R1) 162.02; More…. EUR/JPY recovered after hitting 100% projection of 164.29 tot 161.22 from 163.77 at 160.63. Intraday bias is turned neutral first. While further decline cannot be ruled out, downside should be contained by 159.75 key support to complete the correction from 164.29. Meanwhile, break of 162.24 minor […]
07/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2694; (P) 1.2728; (R1) 1.2765; More… GBP/USD’s rally from 1.2517 is in progress and intraday bias stays on the upside. Further rise would be seen to 1.2826 resistance first. Firm break there will resume whole rally from 1.2036, and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. For […]
22/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6468; (P) 1.6539; (R1) 1.6599; More… Intraday bias in EUR/AUD remains neutral as range trading continues. Near term outlook will stay cautiously bullish as long as 1.6439 support holds. On the upside, above 1.6677 will target 1.6742 first. Decisive break there will resume whole rise from 1.6127 and target 1.6844 resistance next. […]