Logo-color Logo-white

Daily Pivots: (S1) 151.05; (P) 151.75; (R1) 152.22; More… No change in USD/JPY’s outlook. Intraday bias stays neutral with focus on 38.2% retracement of 139.57 to 158.86 at 151.4. Strong rebound from there will maintain near term bullishness. On the upside, break of 154.79 will revive the case that correction from 158.86 has completed at […]

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

previous

USD/CHF Mid-Day Outlook

next

EUR/USD Daily Outlook

Read More

23/02/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8783; (P) 0.8802; (R1) 0.8816; More…. Despite earlier dip, USD/CHF recovered ahead of 0.8727 resistance turned support. Intraday bias remains neutral and further rally is still expected. 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 0.8550 at 0.8954. […]
23/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6479; (P) 1.6556; (R1) 1.6597; More… Intraday bias in EUR/AUD remains neutral at this point. For now, further rally will remain mildly in favor as long as 1.6368 support holds. Corrective fall from 1.6742 could have completed with three waves down to 1.6368. Above 1.6678 will target a retest on 1.6742 resistance […]
14/10/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8557; (P) 0.8573; (R1) 0.8590; More… USD/CHF’s rise from 0.8374 resumed after brief consolidations Intraday bias is back on the upside for 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break there will argue that fall from 0.9223 has completed after defending 0.8332 low. On the downside, below 0.8557 minor support […]