Logo-color Logo-white

Daily Pivots: (S1) 190.15; (P) 190.67; (R1) 191.56; More….. Intraday bias in GBP/JPY remains neutral at this point. Corrective pattern from 191.29 could still extend. Break of 188.02 minor support will bring deeper fall to 38.2% retracement of 178.32 to 191.29 at 186.33, as a correction to rise from 178.32. Nevertheless, on the upside, decisive […]

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

previous

EUR/JPY Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

12/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8754; (P) 0.8775; (R1) 0.8794; More…. No change in USD/CHF’s outlook as range trading continues. Intraday bias stays neutral for the moment. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have completed, and bring deeper fall to 0.8550 support. Nevertheless, strong bounce from current […]
13/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9430; (P) 0.9455; (R1) 0.9475; More… EUR/CHF is extending consolidation from 0.9402 and intraday bias remains neutral for the moment. Overall outlook stays bearish as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 […]
18/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.27; (P) 157.62; (R1) 158.07; More… Intraday bias in USD/JPY remains neutral at this point. Further rally would be in favor as long as 154.53 support holds. Break of 158.25 will resume the choppy rise from 151.86 towards 160.20 high. But upside should be limited there, at least on first attempt. In […]