Logo-color Logo-white

Daily Pivots: (S1) 153.40; (P) 154.82; (R1) 155.94; More… Intraday bias in USD/JPY remains neutral for the moment. On the upside, break of 156.74 resistance will indicate that fall from 158.86 has completed as a correction. Intraday bias will be back on the upside for 158.86 and above to resume the whole rally from 138.57. […]

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

previous

USD/CHF Mid-Day Outlook

next

USD/JPY Daily Outlook

Read More

24/08/2024

USD/CAD Weekly Outlook

USD/CAD’s steep decline and strong break of 1.3588 support argues that while rise from 1.3176 has completed already. Fall from 1.3946 is seen as another falling leg inside medium term range pattern. Initial bias stays on the downside this week for 1.3477 support. Firm break there will target 1.3091/3176 support zone. On the upside, above […]
12/01/2025

USD/CAD Weekly Outlook

USD/CAD dipped to 1.4279 last week as consolidation from 1.4466 extended, but quickly rebounded. Initial bias remains neutral this week first, and further rally is expected. Break of 1.4466 will resume larger up trend to 1.4667/89 long term resistance zone. However, break of 1.4279 will extend the corrective pattern with another falling leg. In the […]
20/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9432; (P) 0.9461; (R1) 0.9483; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9402 could extend further. But still, deeper decline is expected with 0.9543 resistance intact. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from […]