Logo-color Logo-white

Daily Pivots: (S1) 163.91; (P) 164.44; (R1) 165.09; More…. No change in EUR/JPY’s outlook and intraday bias stays neutral. On the downside, sustained trading below 55 D EMA (now at 163.48) will argue that whole corrective rise from 154.40 has completed with three waves up to 166.67. Deeper decline should then be seen back to […]

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

previous

GBP/JPY Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

24/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2884; (P) 1.2911; (R1) 1.2935; More… Range trading continues in GBP/USD and intraday bias stays neutral. Further rally is expected for with 1.2859 resistance turned support intact. Break of 1.3043 will resume the rise from 1.2298 and target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly above […]
04/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3084; (P) 1.3119; (R1) 1.3150; More… Outlook in GBP/USD remains unchanged as consolidation from 1.3265 is still extending. Intraday bias remains neutral for the moment. While deeper retreat cannot be ruled out, downside should be contained well above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume […]
04/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.79; (P) 150.26; (R1) 150.56; More… Intraday bias in USD/JPY remains neutral at this point. On the upside, break of 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. On the other hand, considering bearish divergence condition in 4H MACD, firm break of 149.20 will confirm short term topping […]