Logo-color Logo-white

Daily Pivots: (S1) 155.31; (P) 156.56; (R1) 158.68; More… Intraday bias in USD/JPY remains on the upside for now despite current mild retreat. Current rally is part of the whole rise from 139.57, and should target 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 next. On the downside, below 156.39 minor support will […]

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

previous

EURJPY Wave Analysis

next

EUR/JPY Daily Outlook

Read More

05/11/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6571; (P) 0.6595; (R1) 0.6611; More… AUD/USD is staying in consolidation above 0.6536 and intraday bias remains neutral. Stronger recovery might be seen, but outlook stays bearish as long as 55 D EMA (now at 0.6688) holds. On the downside, sustained break of 0.61.8% retracement of 0.6269 to 0.6941 at 0.6526 will […]
23/12/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.64; (P) 156.78; (R1) 157.61; More… Intraday bias in USD/JPY remains neutral as consolidations continues below 157.91 temporary top. Deeper pull back cannot be ruled out, but outlook will stay bullish as long as 153.15 support holds. On the upside, break of 157.91 will resume the rally from 139.57 to 61.8% projection […]
18/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3349; (P) 1.3382; (R1) 1.3414; More… Intraday bias in USD/CAD remains on the downside for the moment. Rise from 1.3091 could have completed at 1.3897 already. Sustained trading below 1.3378 support will bring deeper fall to 1.3091 support next. For now, risk will stay on the downside as long as 1.3479 support […]