Daily Pivots: (S1) 130.03; (P) 130.50; (R1) 131.32; More… No change in USD/JPY’s outlook as intraday bias stays on the upside for 131.34 resistance. Decisive break there will confirm larger up trend resumption. Next target is 61.8% projection of 114.40 to 131.34 from 126.35 at 136.81. On the downside, below 129.50 minor support will delay […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.1136; (P) 1.1201; (R1) 1.1238; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, break of 1.1292 resistance will argue that correction from 1.1572 has completed after defending Read more…
Daily Pivots: (S1) 145.68; (P) 146.68; (R1) 147.74; More… Intraday bias in USD/JPY remains neutral at this point. Further rally is expected as long as 144.02 resistance turned support holds. As noted before, fall from Read more…
Daily Pivots: (S1) 1.3225; (P) 1.3292; (R1) 1.3331; More… Intraday bias in GBP/USD is turned neutral first with current retreat. The view is unchanged that correction from 1.3442 might have completed at 1.3138 already. Decisive Read more…