Logo-color Logo-white

Daily Pivots: (S1) 156.70; (P) 156.87; (R1) 157.06; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. On the upside, above 157.78 will resume the rally from 151.86, as the second leg of the corrective pattern from 160.20, to 100% projection of 151.86 to 156.78 from 153.59 at 158.51. On the downside, below […]

The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

previous

USD/CAD Daily Outlook

next

AUD/USD Daily Report

Read More

28/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 160.43; (P) 160.63; (R1) 160.98; More… Intraday bias in USD/JPY is turned neutral again with current retreat. Some consolidations could be seen first and deeper pullback cannot be ruled out. But near term outlook will remain bullish as long as 157.70 resistance turned support holds. break of 161.27 will resume larger up […]
14/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2792; (P) 1.2833; (R1) 1.2903; More… GBP/USD’s extended rebound and break of 1.2839 resistance argues that pull back from 1.3043 has completed at 1.2664 already. Intraday bias is back on the upside for retesting 1.3043. firm break there will resume whole rally from 1.2998 to 61.8% projection of 1.2298 to 1.3043 from […]
05/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8678; (P) 0.8717; (R1) 0.8766; More…. Intraday bias in USD/CHF stays neutral and outlook is unchanged. Another fall is in favor as long as 0.8769 minor resistance holds. Below 0.8665 will resume the decline from 0.9243 to 161.8% projection of 0.9243 to 0.8886 from 0.9111 at 0.8533, which is close to 0.8551 […]