Logo-color Logo-white

Daily Pivots: (S1) 143.02; (P) 143.74; (R1) 144.32; More… Despite loss of upside momentum as seen in 4H MACD, further rise is still in favor in USD/JPY with 141.73 minor support intact. Rebound from 139.57 short term bottom should extend to 38.2% retracement of 161.94 to 139.57 at 148.11. On the downside, below 141.73 will […]

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

previous

EUR/GBP Daily Outlook

next

EUR/AUD Daily Outlook

Read More

22/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8318; (P) 0.8329; (R1) 0.8340; More… As long as 0.8433 resistance holds, EUR/GBP’s down trend is still in progress for 0.8201 key support next. Strong support could be seen from there to bring rebound. But for now, break of 0.8433 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay […]
26/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9421; (P) 0.9465; (R1) 0.9511; More…. Intraday bias in EUR/CHF remains neutral for the moment. Another rally is still in favor as long as 0.9305 support holds. On the upside, above 0.9502 will resume the rally from 0.9305, as the third leg of the pattern from 0.9209, to 0.9579 resistance. However, break […]
20/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.29; (P) 155.63; (R1) 156.02; More… Intraday bias in USD/JPY stays neutral at this point. Price actions from 160.20 are seen as a corrective pattern. On the upside, break of 156.78 will resume the rise from 151.86, as the second leg, to retest 160.20 high. On the downside, below 153.59 will target […]