Logo-color Logo-white

Daily Pivots: (S1) 146.66; (P) 147.18; (R1) 147.68; More… USD/JPY remains bounded in tight range and intraday bias stays neutral. As long as 145.84 support holds, larger rebound from 139.87 is still in favor to continue. On the upside, above 148.07 minor resistance will bring stronger rebound back to retest 150.90. However, on the downside, […]

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

previous

EUR/USD Daily Outlook

next

AUD/USD Daily Report

Read More

07/04/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0889; (P) 1.0999; (R1) 1.1072; More… Intraday bias in EUR/USD remains neutral for consolidations below 1.1145. Downside of retreat should be contained by 38.2% retracement of 1.0176 to 1.1145 at 1.0775 to bring rebound. On the upside, above 1.1145 will resume the rally from 1.0176 to 1.1213/74 key resistance zone next. In […]
24/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2368; (P) 1.2414; (R1) 1.2495; More… No change in GBP/USD’s outlook and intraday bias stays neutral. While recovery from 1.2298 might extend higher, upside should be limited by 1.2538 support turned resistance. On the downside, below 1.2298 will resume the fall from 1.2892 to 1.2036 support next. In the bigger picture, price […]
17/04/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.25; (P) 142.30; (R1) 142.95; More… Intraday bias in USD/JPY is back on the downside with breach of 142.05 temporary low. Current fall from 158.86 should extend to 139.57 support. On the upside, above 144.07 minor resistance will turn intraday bias neutral again. But overall outlook will stay bearish as long as […]