Logo-color Logo-white

Daily Pivots: (S1) 142.42; (P) 142.81; (R1) 143.45; More… Intraday bias in USD/JPY remains on the upside for the moment. Rebound from 139.87 should target 100% projection of 139.87 to 144.02 from 141.96 at 146.11. But still, near term outlook will stay bearish as long as 38.2% retracement of 158.86 to 139.87 at 147.12 holds. […]

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

previous

EUR/CHF Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

14/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8399; (P) 0.8428; (R1) 0.8444; More… EUR/GBP’s fall resumed after brief recovery and intraday bias is back on the downside. Current down trend should target 0.8376 projection level next. For now, risk will remain on the downside as long as 0.8457 resistance holds, in case of another recovery. In the bigger picture, […]
11/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0939; (P) 1.0957; (R1) 1.0990; More… EUR/USD recovers mildly overnight and stays firm in Asian session. Nevertheless, it’s still capped below 1.0997 minor resistance. Intraday bias stays neutral at this point. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 support next. However, break […]
02/12/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8792; (P) 0.8815; (R1) 0.8834; More… Intraday bias in USD/CHF remains neutral and outlook is unchanged. With 0.8800 support intact, further rally remains in favor. On the upside, break of 0.8956 will resume the rally from 0.8374, and target 0.9223 key resistance next. However, firm break of 0.8800 will confirm short term […]