Logo-color Logo-white

Daily Pivots: (S1) 1.2480; (P) 1.2539; (R1) 1.2590; More… Intraday bias in GBP/USD remains neutral and more consolidations would be seen above 1.2486. But outlook will stay bearish as long as 1.2713 resistance holds. Break of 12487 will resume the fall from 1.3433 to 1.2298 cluster support zone. In the bigger picture, a medium term […]

The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

previous

USD/JPY Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

10/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.81; (P) 192.33; (R1) 192.93; More….. Intraday bias in GBP/JPY remains neutral at this point as consolidation from 193.51 could extend. But further rally is expected as long as 190.02 support holds. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. On the downside, though, […]
20/02/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8802; (P) 0.8819; (R1) 0.8841; More…. USD/CHF is staying in consolidation from 0.8884 and intraday bias stays neutral. Further rally is expected as long as 0.8727 resistance turned support holds. On the upside, break of 0.8885 will resume the rise from 0.8332 and target and 100% projection of 0.8332 to 0.8727 from […]
26/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.58; (P) 160.28; (R1) 160.85; More… EUR/JPY’s retreat from 161.84 is extending and intraday bias remains neutral first. With 158.55 resistance turned support intact, further rally is in favor. On the upside, break of 161.84 will resume whole rise from 153.15 to 161.8% projection of 153.15 to 158.55 from 155.06 at 163.79, […]