Logo-color Logo-white

Daily Pivots: (S1) 197.48; (P) 197.96; (R1) 198.46; More… The breach of 197.41 support suggests that GBP/JPY’s fall from 199.967 short term top is already correcting the rally from 184.53. Intraday bias is mildly on the downside for 193.99 cluster support (38.2% retracement of 184.35 to 199.96 at 193.99). For now, risk will stay on […]

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

previous

USD/CHF Mid-Day Outlook

next

EUR/GBP Daily Outlook

Read More

08/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8757; (P) 0.8793; (R1) 0.8813; More…. Immediate focus is now on 0.8741 support in USD/CHF. Decisive break there will argue that whole rebound from 0.8332 has completed at 0.8891. Deeper fall would then be seen back to 0.8550 support next. Nevertheless, strong bounce from current level will retain near term bullishness for […]
04/11/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6545; (P) 0.6568; (R1) 0.6583; More… AUD/USD recovers further today as consolidation from 0.6536 continues. Intraday bias stays neutral at this point, and further decline remains expected as long as 55 D EMA (now at 0.6692) holds. On the downside, sustained break of 0.61.8% retracement of 0.6269 to 0.6941 at 0.6526 will […]
13/12/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6368; (P) 1.6429; (R1) 1.6496; More… Intraday bias in EUR/AUD stays neutral and more consolidations could be seen. But further rally remains in favor as long as 1.6349 support holds. On the upside, decisive break of 1.6598 resistance should confirm that whole fall from 1.7180 has complete with three waves down to […]