Logo-color Logo-white

Daily Pivots: (S1) 194.18; (P) 195.03; (R1) 196.41; More… GBP/JPY’s rebound from 188.07 resumed by breaking through 194.98 and intraday bias is back on the upside. Corrective pattern from 180.00 could be extending with another rising level. Further rise should be seen to 199.79 resistance. On the downside, break of 192.84 minor support will turn […]

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

previous

USD/CAD Daily Outlook

next

EUR/JPY Daily Outlook

Read More

06/12/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2712; (P) 1.2742; (R1) 1.2790; More… Intraday bias in GBP/USD remains on the upside at this point. Rebound from 1.2486 would target 55 D EMA (now at 1.2849). Strong resistance is expected there to limit upside, and bring resumption of whole fall from 1.3433. On the downside, below 1.2615 minor support will […]
26/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.58; (P) 160.28; (R1) 160.85; More… EUR/JPY’s retreat from 161.84 is extending and intraday bias remains neutral first. With 158.55 resistance turned support intact, further rally is in favor. On the upside, break of 161.84 will resume whole rise from 153.15 to 161.8% projection of 153.15 to 158.55 from 155.06 at 163.79, […]
11/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9714; (P) 0.9728; (R1) 0.9757; More…. EUR/CHF is staying in range below 0.9754 and intraday bias remains neutral for the moment. Further rally is expected with 0.9639 support intact. On the upside, above 0.9754 will resume the rebound from 0.9476 to retest 0.9928 high. Nevertheless, break of 0.9639 will turn bias back […]