Logo-color Logo-white

Daily Pivots: (S1) 147.58; (P) 147.91; (R1) 148.48; More… Intraday bias in USD/JPY stays mildly on the upside for the moment. Pullback from 150.90 could have completed at 146.61 already. Further rise would be seen to retest 150.90. Firm break there will resume the whole rally from 139.87 to 151.22 fibonacci level. For now, risk […]

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

previous

EUR/USD Mid-Day Outlook

next

GBP/JPY Daily Outlook

Read More

01/11/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6553; (P) 0.6568; (R1) 0.6597; More… Intraday bias in AUD/USD remains neutral and more consolidations could be seen above 0.6536 temporary low. Further decline is expected as long as 55 D EMA (now at 0.6695) holds. On the downside, sustained break of 61.8% retracement of 0.6269 to 0.6941 at 0.6526 will target […]
19/02/2024

USD/CHF Weekly Outlook

USD/CHF’s rally from 0.8332 continued last week and hit as high as 0.8884. Nevertheless, with subsequent retreat, initial bias remains neutral this week first. On the upside, above 0.8884 will resume the rise and 100% projection of 0.8332 to 0.8727 from 0.8550 at 0.8954. However, sustained break of 0.8727 will dampen this bullish view, and […]
03/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8411; (P) 0.8422; (R1) 0.8433; More…. Intraday bias in EUR/GBP remains neutral for the moment. Consolidations from 0.8399 would continue and stronger recovery might be seen. But further decline is expected as long as 0.8466 minor resistance holds. Below 0.8399 will resume the decline from 0.8624 and target 0.8382 support. Firm break […]