Logo-color Logo-white

Daily Pivots: (S1) 198.28; (P) 198.86; (R1) 199.48; More… GBP/JPY is staying in consolidations below 199.80 and intraday bias remains neutral for the moment. While deeper retreat cannot be ruled out, further rise is expected as long as 195.33 support holds. On the upside, break of 199.80 will resume the rally from 184.35 and target […]

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

previous

EUR/AUD Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

30/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 153.91; (P) 156.95; (R1) 159.37; More… USD/JPY is extending consolidation from 160.20 and intraday remains neutral. Strong support could be seen from 38.2% retracement of 146.47 to 160.20 at 154.95 to bring recovery. But break of 160.20 is not envisaged for now. However, firm break of 154.95 will turn bias to the […]
01/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9480; (P) 0.9522; (R1) 0.9549; More…. EUR/CHF’s fall from 0.9928 resumed by breaking through 0.9476 support. Intraday bias is now on the downside. Further decline should be seen to 100% projection of 0.9928 to 0.94767 from 0.9772 at 0.9320. On the upside, break of 0.9605 resistance is needed to confirm short term […]
10/05/2025

EUR/USD Weekly Outlook

EUR/USD’s corrective fall from 1.1573 short term top resumed last week. Initial bias stays mildly on the downside this week for 55 D EMA (now at 1.1053). But downside should be contained by 38.2% retracement of 1.0176 to 1.1572 at 1.1039 to bring rebound. On the upside, break of 1.1380 will suggest that the correction […]