Logo-color Logo-white

Daily Pivots: (S1) 146.37; (P) 146.80; (R1) 147.40; More… Intraday bias in USD/JPY stays on the upside as rebound from 139.57 short term bottom is in progress for 38.2% retracement of 161.94 to 139.57 at 148.11. Decisive break there will argue that whole fall from 161.95 has completed ahead of 139.26 fibonacci level. Further rally […]

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

previous

EUR/GBP Mid-Day Outlook

next

AUD/USD Daily Report

Read More

11/05/2024

USD/CHF Weekly Outlook

USD/CHF stayed in consolidation above 0.9005 last week. Initial bias remains neutral this week and more sideway trading could be seen. Further decline is in favor as long as 55 4H EMA (now at 0.9087) holds. On the downside, break of 0.9005 and sustained trading below 55 D EMA (now at 0.9004) will bring deeper […]
01/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6439; (P) 0.6504; (R1) 0.6537; More… Break of 0.6482 minor support argues that rebound from 0.6361 has completed importantly, fall from 0.6870 might not be over yet. Intraday bias is back on the downside for retesting 0.6361 low next. On the upside, above 0.6513 minor resistance will turn intraday bias neutral again […]
11/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6735; (P) 0.6744; (R1) 0.6755; More… Intraday bias in AUD/USD is back on the upside with breach of 0.6760 temporary top. Rise from 0.6361 is resuming and should target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. On the downside, however, break of 0.6723 minor support will turn bias back […]