Logo-color Logo-white

Daily Pivots: (S1) 147.51; (P) 148.35; (R1) 149.10; More… Intraday bias in USD/JPY remains neutral for the moment, and more consolidations could be seen above 146.52. Upside of recovery should be limited by 150.92 support turned resistance. On the downside, sustained trading below 61.8% retracement of 139.57 to 158.86 at 146.32 will pave the way […]

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

previous

GBP/USD Daily Outlook

next

GBP/JPY Daily Outlook

Read More

02/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6146; (P) 1.6225; (R1) 1.6283; More.. EUR/AUD’s decline is resuming by breaching 1.6137 and intraday bias is back on the downside for 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106. Meanwhile, considering bullish convergence condition in 4H MACD, firm break of 1.6313 resistance should indicate short term bottoming, and turn […]
01/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.45; (P) 168.02; (R1) 168.82; More… EUR/JPY is extending consolidation from 171.58 short term top and intraday bias remains neutral. Overall outlook will remain bullish as long as 165.33 resistance turned support holds. Above 171.58 will resume larger up trend to 178.39 projection level next. In the bigger picture, current rally is […]
22/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0618; (P) 1.0648; (R1) 1.0686; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0601. Upside of recovery should be limited by 1.0723 support turned resistance. Break of 1.0601 will resume the fall from 1.1138 to 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. […]