Logo-color Logo-white

Daily Pivots: (S1) 142.12; (P) 142.78; (R1) 143.29; More… Intraday bias in USD/JPY remains on the upside as rebound from 139.87 short term bottom is in progress. While further rise could be seen, overall risk will stay on the downside as long as 38.2% retracement of 158.86 to 139.87 at 147.12 holds. On the downside, […]

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

previous

GBP/JPY Daily Outlook

next

USD/CHF Mid-Day Outlook

Read More

31/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6459; (P) 1.6501; (R1) 1.6561; More… Intraday bias in EUR/AUD is turned neutral first with current retreat, and some consolidations would be seen. Further rally is expected as long as 1.6351 resistance turned support holds. Fall from 1.7180 should have completed with three waves down to 1.6002, after being supported by 1.5996. […]
22/11/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 193.72; (P) 195.23; (R1) 196.09; More… Intraday bias in GBP/JPY remains neutral at this point. On the upside, break of 199.79 will resume whole rebound from 180.00. However, firm break of 193.54 will extend the fall from 199.79 to 183.70 support instead. In the bigger picture, price actions from 208.09 are seen […]
31/01/2025

AUD/USD Daily Report

Daily Pivots: (S1) 0.6191; (P) 0.6218; (R1) 0.6236; More… Intraday bias in AUD/USD remains mildly on the downside for retesting 0.6130 low. Firm break there will resume whole fall from 0.6941. On the upside, break of 0.6329 resistance will extend the corrective pattern from 0.6130 with another rally. But in this case, strong resistance is […]