Logo-color Logo-white

Daily Pivots: (S1) 156.73; (P) 157.50; (R1) 158.23; More… Intraday bias in USD/JPY is turned neutral first with current retreat. Further rally would remain 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 […]

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

previous

EUR/AUD Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

20/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 157.76; (P) 157.94; (R1) 158.27; More… No change in USD/JPY’s outlook and intraday bias stays neutral. 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. […]
29/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2687; (P) 1.2757; (R1) 1.2802; More… Intraday bias in GBP/USD remains neutral for the moment. Further rise is in favor as long as 1.2611 support holds. Above 1.2826 will resume larger rise from 1.2036 to 61.8% projection of 1.2068 to 1.2731 from 1.2499 at 1.2909. Nevertheless, break of 1.2611 will indicate short […]
16/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6438; (P) 1.6468; (R1) 1.6521; More… Intraday bias in EUR/AUD turned back to the upside with break of 1.6516 resistance. Further rally would be seen to 1.6677 resistance next. Break there will confirm that correction from 1.6742 has completed, and bring further rally through this high. On the downside, though, break of […]