Logo-color Logo-white

Daily Pivots: (S1) 152.09; (P) 152.66; (R1) 153.73; More… Intraday bias in USD/JPY remains on the upside at this point. 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03 is already met but there is not sign of topping yet. Sustained break there will target 155.20 projection level next. On the downside, below 151.95 […]

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

previous

AUD/USD Daily Report

next

USD/JPY Mid-Day Outlook

Read More

14/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.47; (P) 160.79; (R1) 161.19; More… Intraday bias in EUR/JPY stays on the upside despite loss of momentum. Firm break of 161.84 will confirm resumption of whole rise from 153.15. Next target is a retest on 164.29 high. On the downside, below 160.36 minor support will turn intraday bias neutral first. But […]
19/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 140.89; (P) 141.80; (R1) 143.16; More… Intraday bias in USD/JPY remains mildly on the upside at this point. Rebound from 139.57 short term bottom should target 55 D EMA (now at 147.58), and possibly further to 38.2% retracement of 161.94 to 139.57 at 148.11. For now, risk will stay on the upside […]
19/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6628; (P) 0.6650; (R1) 0.6691; More… Intraday bias in AUD/USD remains on the upside as rise from 0.6348 is in progress. Further rally would be seen to retest 0.6798 resistance next. On the downside, below 0.6569 minor support will turn bias to the downside for retreat. In the bigger picture, overall, price […]