Logo-color Logo-white

Daily Pivots: (S1) 152.45; (P) 152.76; (R1) 153.18; More… Intraday bias in USD/JPY is back on the upside with break of 153.05 temporary top. Break of 153.26 will resume larger rise from 139.87 to 100% projection of 142.66 to 150.90 from 145.47 at 153.71. Firm break there would prompt upside acceleration to 161.8% projection at […]

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

previous

GBP/USD Daily Outlook

next

AUD/USD Daily Report

Read More

03/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8308; (P) 0.8585; (R1) 0.8779; More…. Intraday bias in USD/CHF stays neutral at this point. Consolidation from 0.8332 is extending and stronger recovery cannot be ruled out. But outlook will stay bearish as long as 0.8665 support turned resistance holds. Break of 0.8332 will resume larger fall from 0.9243 to 138.2% projection […]
27/11/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.17; (P) 161.64; (R1) 162.30; More…. EUR/JPY’s fall from 166.67 continues today and intraday bias stays on the downside. As noted before, corrective rebound from 154.40 could have completed with three waves up to 166.67. Deeper decline would be seen to 155.14 support next. On the upside, above 162.10 resistance will turn […]
17/10/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6646; (P) 0.6678; (R1) 0.6699; More… Intraday bias in AUD/USD is turned neutral with current recovery, but further decline is expected as long as 0.6758 resistance holds. Below 0.6657 will resume the fall from 0.6941 short term top to 0.6621 structural support. Decisive break there will pave the way back to 0.6348 […]