Logo-color Logo-white

Daily Pivots: (S1) 153.64; (P) 154.03; (R1) 154.39; More… Intraday bias in USD/JPY stays on the upside for 100% projection of 146.58 to 153.26 from 149.37 at 156.05. Firm break there will extend the rally from 139.87 to 158.86 resistance next. On the downside, below 153.24 resistance turned support will turn intraday bias neutral first. […]

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

previous

EUR/USD Daily Outlook

next

USD/CAD Daily Outlook

Read More

07/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9405; (P) 0.9427; (R1) 0.9437; More… Intraday bias in EUR/CHF stays on the downside with focus on 0.9407 low. Decisive break there will confirm resumption of larger down trend. On the upside, above 0.9467 minor resistance will delay the bearish case and turn intraday bias neutral for consolidation first. In the bigger […]
16/12/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.93; (P) 193.69; (R1) 194.53; More… Intraday bias in GBP/JPY stays neutral as sideway trading continues. Corrective pattern from 180.00 could be extending with another rising level. Above 194.98 will extend the rise from 188.07 to 199.79 resistance. However, break of 192.35 will turn bias back to the downside for 188.07 instead. […]
28/02/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3496; (P) 1.3518; (R1) 1.3550; More… USD/CAD’s rally from 1.3176 is resuming today by breaking 1.3585 resistance. Intraday bias is back on the upside for 100% projection of 1.3761 to 1.3540 from 1.3357 at 1.3721 next. For now, near term outlook will stay bullish as long as 1.3439 support holds, in case […]