Logo-color Logo-white

Daily Pivots: (S1) 150.91; (P) 151.44; (R1) 151.85; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 150.25 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 149.01). Nevertheless, sustained break of 151.93 key resistance will confirm long term […]

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

previous

USD/JPY Mid-Day Outlook

next

AUD/USD Daily Report

Read More

21/07/2024

EUR/USD Weekly Outlook

EUR/USD edged higher to 1.0947 last week but retreated since then. Initial bias remains neutral this week first, and further rise is in favor as long as 1.0871 minor support holds. Break of 1.0947 will target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0979. However, firm break of 1.0871 will turn bias to […]
21/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8523; (P) 0.8532; (R1) 0.8547; More…. Intraday bias in EUR/GBP remains neutral for the moment. In case of another fall, strong support should be seen from 55 D EMA (now at 0.8498), to complete the correction from 0.8624. Break of 0.8591 resistance will argue that rise from 0.8382 is ready to resume […]
01/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6502; (P) 0.6517; (R1) 0.6530; More…. AUD/USD recovered after dipping to 0.6484 and intraday bias is neutral at this point. Risk will remain on the downside as long as 0.6633 resistance holds. Firm break of 0.6484 support will indicate that larger fall from 0.6870 is ready to resume, and turn bias to […]