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Daily Pivots: (S1) 197.69; (P) 198.45; (R1) 198.99; More… Intraday bias in GBP/JPY remains on the downside as fall from 201.24 short term top is in progress. Decisive break of 197.93 support will argue that whole rise from 184.35 has completed too and target 195.01 support next. On the upside, above 198.99 support turned resistance […]

The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 197.69; (P) 198.45; (R1) 198.99; More… Intraday bias in GBP/JPY remains on the downside as fall from 201.24 short term top is in progress. Decisive break of 197.93 support will argue that whole rise from 184.35 has completed too and target 195.01 support next. On the upside, above 198.99 support turned resistance […]

The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 197.69; (P) 198.45; (R1) 198.99; More… Intraday bias in GBP/JPY remains on the downside as fall from 201.24 short term top is in progress. Decisive break of 197.93 support will argue that whole rise from 184.35 has completed too and target 195.01 support next. On the upside, above 198.99 support turned resistance […]

The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 171.92; (P) 172.92; (R1) 173.53; More… Intraday bias in EUR/JPY remains on the downside as fall from 175.03 is in progress. Sustained break of 55 D EMA (now at 172.24) will argue that whole five-wave rally from 154.77 has also completed. Further fall should then be seen to 169.69 support next. On […]

The post EUR/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 171.92; (P) 172.92; (R1) 173.53; More… Intraday bias in EUR/JPY remains on the downside as fall from 175.03 is in progress. Sustained break of 55 D EMA (now at 172.24) will argue that whole five-wave rally from 154.77 has also completed. Further fall should then be seen to 169.69 support next. On […]

The post EUR/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.7708; (P) 1.7763; (R1) 1.7799; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, above 1.7929 will resume the rebound from 1.7588 to retest 1.8155. However, sustained break of 61.8% retracement of 1.7245 to 1.8155 at 1.7593, will resume the fall from 1.8155 to 1.7245 resistance, as part […]

The post EUR/AUD Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 1.7708; (P) 1.7763; (R1) 1.7799; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, above 1.7929 will resume the rebound from 1.7588 to retest 1.8155. However, sustained break of 61.8% retracement of 1.7245 to 1.8155 at 1.7593, will resume the fall from 1.8155 to 1.7245 resistance, as part […]

The post EUR/AUD Daily Outlook appeared first on Action Forex.

The US government remains shut, which means the BLS will likely not release the September jobs report this Friday. Yesterday’s ADP numbers, however, injected a strong dose of dovishness to keep investors going for a few days longer. The data showed the US economy didn’t add jobs in September, but instead lost 32’000. Part of […]

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