Logo-color Logo-white

Daily Pivots: (S1) 145.01; (P) 145.56; (R1) 146.19; More… Intraday bias in USD/JPY remains neutral for the moment. . Fall from 158.86 might have completed at 139.87 already. Further rise is in favor as long as 144.02 support holds. Above 148.64 will target 61.8% retracement of 158.86 to 139.87 at 151.60 next. However, firm break […]

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

previous

EUR/CHF Daily Outlook

next

USD/CHF Daily Outlook

Read More

27/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.77; (P) 144.21; (R1) 144.98; More… Further decline remains in favor in USD/JPY as long as 146.47 resistance holds, for retesting 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. On the upside, above 146.47 minor resistance will turn intraday bias back to the upside […]
16/04/2025

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3882; (P) 1.3930; (R1) 1.4010; More… Intraday bias in USD/CAD remains neutral and more consolidations could be seen above 1.3827. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 1.4150 support turned resistance holds. On the downside, break of 1.3827 will resume the fall from 1.4791 to […]
10/05/2025

GBP/USD Weekly Outlook

GBP/USD dipped to 1.3211 last week but quickly recovered. Initial bias is turned neutral this week first. Risk will stay mildly on the downside as long as 1.3442 short term top holds. Below 1.3211 will target 55 D EMA (now at 1.3058). In the bigger picture, price actions from 1.3433 are seen as a corrective […]