Logo-color Logo-white

Daily Pivots: (S1) 176.67; (P) 177.14; (R1) 177.64; More… EUR/JPY’s rally resumed after brief consolidations and intraday bias is back on the upside. Current up trend should target 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. On the downside, below 176.60 will turn bias neutral again. But overall outlook will remain bullish […]

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

previous

GBP/JPY Daily Outlook

next

EUR/AUD Daily Outlook

Read More

05/03/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0522; (P) 1.0575; (R1) 1.0679; More… EUR/USD’s current upside acceleration argues that bullish trend reversal is probably already underway. Intraday bias stays on the upside for 100% projection of 1.0176 to 1.0531 from 1.0358 at 1.0173. Decisive break there will solidify this bullish case and target 161.8% projection at 1.0932 next. On […]
06/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2763; (P) 1.2779; (R1) 1.2803; More….. Intraday bias in GBP/USD remains neutral at this point. As long as 1.2693 support holds, further rally is in favor. Above 1.2816 will resume the rally from 1.2298 to 1.2892 resistance next. On the downside, break of 1.2693 minor support will turn intraday bias to the […]
23/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9503; (P) 0.9521; (R1) 0.9546; More… Intraday bias in EUR/CHF is back on the upside with breach of 0.9533 temporary top. Further rally would be seen to 0.9574 fibonacci level. Considering bearish divergence condition in 4H MACD, strong resistance could be seen there to limit upside. On the downside, break of 0.9466 […]