Logo-color Logo-white

Daily Pivots: (S1) 155.56; (P) 156.85; (R1) 157.75; More… Intraday bias in USD/JPY remains mildly on the downside for the moment. Fall from 158.86 short term top is in progress for 55 D EMA (now at 154.44). Firm break there will target 38.2% retracement of 139.57 to 158.86 at 151.49 next. For now, risk will […]

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

previous

EUR/USD Mid-Day Outlook

next

EUR/GBP Daily Outlook

Read More

14/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6261; (P) 1.6371; (R1) 1.6438; More.. EUR/AUD’s decline resumed by breaking through 1.6267 support and intraday bias is back on the downside. Current fall from 1.7062 should target 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 next. For now, outlook will remain bearish as long as 1.6478 resistance holds, in […]
10/02/2024

EUR/JPY Weekly Outlook

EUR/JPY’s rebound last week suggests that corrective pull back from 161.84 has completed at 158.06 already. Initial bias remains on the upside for 161.84 resistance first. Firm break there will rebound whole rise from 153.15 to retest 161.84. For now, further rally is expected as long as 158.06 support holds, in case of retreat. In […]
30/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8610; (P) 0.8647; (R1) 0.8678; More…. USD/CHF is still bounded in tight range and intraday bias stays neutral. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this low. On the upside, […]