Logo-color Logo-white

Daily Pivots: (S1) 162.06; (P) 162.54; (R1) 163.18; More… Intraday bias in EUR/JPY remains neutral for the moment. Corrective pattern from 163.70 could extend further. Break of 161.67 minor support should push the cross through channel support (now at 161.18) to 38.2% retracement of 153.15 to 163.70 at 159.66. Nevertheless, firm break of 163.70 will […]

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

previous

EUR/GBP Daily Outlook

next

EUR/USD Daily Outlook

Read More

05/10/2024

EUR/GBP Weekly Outlook

EUR/GBP rebounded strongly after initial dip to 0.8309 last week. But upside was capped by 38.2% retracement of 0.8624 to 0.8309 at 0.8429. Initial bias stays neutral this week and outlook remains bearish. On the downside, break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement […]
04/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6346; (P) 1.6403; (R1) 1.6510; More… While EUR/AUD’s rebound from 1.6256 extended, upside is capped below 1.6580 resistance so far. Intraday bias remains neutral and fall from 1.7180 is still in favor to continue. On the downside, break of 1.6256 support will target 1.5996 key support level next. However, decisive break of […]
07/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0856; (P) 1.0885; (R1) 1.0929; More… Intraday bias in EUR/USD is turned neutral first with current retreat, and some consolidations would be seen below 1.0914 temporary top first. But further rally will remain in favor as long as 1.0795 support holds. Above 1.0914 will resume the rebound from 1.0694 towards 1.1138 resistance […]