Logo-color Logo-white

Daily Pivots: (S1) 153.91; (P) 154.90; (R1) 155.79; More… No change in USD/JPY’s outlook as range trading continues. Intraday bias stays neutral and deeper fall is mildly in favor with 156.74 resistance intact. On the downside, break of 153.70 will resume the decline from 158.86 to 38.2% retracement of 139.57 to 158.86 at 151.49. Nevertheless, […]

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

previous

EUR/GBP Daily Outlook

next

USD/JPY Daily Outlook

Read More

14/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.81; (P) 188.67; (R1) 189.74; More… Intraday bias in GBP/JPY remains neutral for the moment. Outlook remains bearish with 38.2% retracement of 208.09 to 180.00 at 190.73 intact. On the downside, below 186.46 minor support will turn intraday bias back to the downside for retesting 180.00 low. Break there will resume the […]
11/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0667; (P) 1.0738; (R1) 1.0788; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0681 temporary low. Outlook will stay bearish as long as 1.0936 resistance holds. Below 1.0681 will resume the fall from 1.1213 and target 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656, […]
24/01/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9051; (P) 0.9080; (R1) 0.9103; More… While USD/CHF pull back from 0.9200 extends lower, downside is still contained above 0.9007 support. Intraday bias remains neutral and further rise is in favor. Above 0.9107 minor resistance will turn bias back to the upside for retesting 0.9200 and 0.9223 key resistance. However, firm break […]