Short Term Elliott Wave view in GBPJPY shows the decline from 12.30.2024 high is in progress as a 5 waves impulse. Down from 12.30.2024 high, wave 1 ended at 195.72 and wave 2 rally ended at 198.25. Pair has resumed lower in wave 3 towards 190.06 as the 30 minutes chart below shows. Wave 4 […]
The post Elliott Wave View on GBPJPY Looking to Extend Lower in Wave 5 appeared first on Action Forex.
Daily Pivots: (S1) 190.52; (P) 191.27; (R1) 192.65; More… Intraday bias in GBP/JPY stays neutral for consolidations above 189.31 temporary low. Risk will stay on the downside as long as 193.01 resistance holds. On the Read more…
Daily Pivots: (S1) 160.85; (P) 161.59; (R1) 162.85; More… Intraday bias in EUR/JPY remains neutral at this point. Recovery from 159.74 might extend, but further decline will remain in favor as long as 162.88 resistance Read more…
Daily Pivots: (S1) 0.8433; (P) 0.8453; (R1) 0.8470; More… Intraday bias in EUR/GBP remains on the upside at this point. Rise fro 0.8221 is in progress for 0.8624 key cluster resistance zone. For now, outlook Read more…