The Japanese Yen faces uncertainty due to a new PM, snap elections, and shifting market sentiment. Despite a strong US Dollar and GBP, the Yen saw a temporary boost from safe-haven flows amid geopolitical risks. USD/JPY is range-bound, with a potential breakout above 146.37 hinting at a run toward 150.00. The Japanese Yen is going […]
The post JPY Price Action Ideas: EUR/JPY, GBP/JPY and USD/JPY appeared first on Action Forex.
Daily Pivots: (S1) 191.68; (P) 193.05; (R1) 195.69; More… Intraday bias in GBP/JPY remains neutral for the moment. On the downside, below 189.54 will bring deeper fall to 183.70 support. On the upside, above 195.95 Read more…
Daily Pivots: (S1) 159.70; (P) 160.79; (R1) 162.88; More…. Intraday bias in EUR/JPY remains neutral for the moment. Risk is mildly on the downside as long as 163.47 resistance intact. Below 158.09 will bring deeper Read more…
Daily Pivots: (S1) 0.8319; (P) 0.8329; (R1) 0.8335; More… Intraday bias in EUR/GBP is turned neutral with current recovery. On the upside, firm break of 0.8370 resistance will indicate short term bottoming at 0.8309. Intraday Read more…