EUR/JPY Daily Outlook – ActionForex

Daily Pivots: (S1) 183.80; (P) 184.04; (R1) 184.45; More

EUR/JPY’s rebound is in progress and intraday bias stays on the upside. Firm break of 184.75 resistance will resume the whole rise from 180.78 and target a retest on 186.86 high. On the downside, below 183.17 minor support will turn intraday bias neutral first. Further break of 182.02 will bring deeper fall back to 180.78 support.

In the bigger picture, a medium term top could be in place at 186.86 and some more consolidations would be seen. Nevertheless, as long as 55 W EMA (now at 175.61) holds, the larger up trend from 114.42 (2020 low) remains intact. Firm break of 186.86 will pave the way to 78.6% projection of 124.37 (2022 low) to 175.41 (2025 high) from 154.77 at 194.88 next.

Source link

Visited 1 times, 1 visit(s) today

Related Article

CapitalXtend Introduces Unlimited Leverage on FX Majors,

CapitalXtend Introduces Unlimited Leverage on FX Majors,

Quatre Bornes, Mauritius , March 25, 2026 (GLOBE NEWSWIRE) — CapitalXtend has announced the introduction of Unlimited Leverage on FX Majors, XAUUSD (Gold), and XAGUSD (Silver), marking a significant enhancement to the trading conditions available on its platform.  The update is designed to provide traders with greater adaptability when managing positions and executing strategies across

Forex Economic Calendar Overview: Key Events for the Next Trading Week (30.03.2026–05.04.2026) | LiteFinance

Forex Economic Calendar Overview: Key Events for the Next Trading Week (30.03.2026–05.04.2026)

2026.03.24 2026.03.25 Weekly Economic Calendar for 30.03.2026–05.04.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Geopolitical tensions in the Middle East continue to jolt markets, keeping volatility elevated. The week ahead could bring further swings, with investors highly sensitive to headline risk and key US macro data. Friday’s Labor Department report on the job market will be in sharp focus. Furthermore,

Elliott Wave Perspective: Silver (XAGUSD) Nearing Support Floor

Elliott Wave Perspective: Silver (XAGUSD) Nearing Support Floor

Silver (XAGUSD) reached an all-time high of $121.64 on January 29, 2026, before entering a larger corrective phase. The decline has unfolded as a zigzag Elliott Wave structure, a common corrective pattern in technical analysis. Wave a concluded at $71.31, while wave b terminated at $96.39. The market is now progressing through wave c, which

PrimeXBT receives ‘Best Trading Conditions’ and ‘Best Forex & CFD Broker’ awards for Asia

CASTRIES, Saint Lucia, March 24, 2026 /PRNewswire/ — PrimeXBT, a global multi-asset broker and crypto asset service provider, has won two awards at the World Business Outlook Awards 2026, receiving Best Trading Conditions – Asia and Best Forex & CFD Broker – Asia. This recognition underscores the company’s leadership in delivering consistently high-performance trading conditions,

Why more African traders are turning to global brokers for forex trading

In the past, forex trading was mainly viewed as a specialised, niche financial activity in Africa. However, that has all changed, with the market becoming much more mainstream across the country. People from all demographics are beginning to trade. Youths, business professionals, current students, and even retirees will regularly participate in generating surplus income from

USD/CHF Mid-Day Outlook - ActionForex

USD/CHF Mid-Day Outlook – ActionForex

Daily Pivots: (S1) 0.7819; (P) 0.7879; (R1) 0.7924; More…. USD/CHF is still staying in consolidations below 0.7957 and intraday bias remains neutral. As noted before, rise from 0.7603 should be correcting whole decline from 0.9200. Above 0.7957 will target 38.2% retracement of 0.9200 to 0.7603 at 0.8213. This will remain the favored case as long

Professional trading desk interface showing the EDXM KRWQ/USDC derivative chart for forex trading.

A Revolutionary Digital Forex Alternative Hits the Market

BitcoinWorldEDXM KRW Derivative Launch: A Revolutionary Digital Forex Alternative Hits the Market March 25, 2025 – In a significant move bridging traditional finance and digital assets, EDXM International has announced the imminent launch of a blockchain-based derivative tracking the Korean won-US dollar exchange rate. This product, a digital alternative to traditional non-deliverable forwards (NDFs), leverages

Featured Image

PrimeXBT receives ‘Best Trading Conditions’ and ‘Best Forex & CFD Broker’ awards for Asia | Currency News | Financial and Business News

Castries, Saint Lucia, March 24th, 2026, FinanceWire PrimeXBT, a global multi-asset broker and crypto asset service provider, has won two awards at the World Business Outlook Awards 2026, receiving Best Trading Conditions – Asia and Best Forex & CFD Broker – Asia. This recognition underscores the company’s leadership in delivering consistently high-performance trading conditions, combining

Silver may find floor at 60, but break risks deeper fall to 50

Silver may find floor at 60, but break risks deeper fall to 50

Silver is approaching a critical support zone as its “dual role” as a monetary and industrial asset continues to diverge. Tightening expectations on global central banks, driven by the energy shock, are weighing on its monetary side, leaving the 64 support zone increasingly vulnerable. While industrial demand and persistent physical deficit may offer a floor

EUR/USD Daily Outlook - ActionForex

EUR/USD Daily Outlook – ActionForex

Daily Pivots: (S1) 1.1532; (P) 1.1565; (R1) 1.1605; More…. Intraday bias in EUR/USD remains neutral at this point. With 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) intact, further decline is still in favor. On the downside, below 1.1408 will resume the fall from 1.2081 to 38.2% retracement of 1.0176 to 1.2081

GBP/USD Weekly Forecast - 22/03: Faces Volatility (Chart)

GBP/USD Weekly Forecast – 22/03: Faces Volatility (Chart)

Created on March 22, 2026 The GBP/USD went into this weekend slightly above the 1.33400 mark, which intriguingly is near the 1.33400 vicinity seen last Monday in the currency pair, which was then followed by a variety of reversals and volatility. The Iranian war has begun its forth week. Behavioral sentiment in the broad markets

EUR/USD Weekly Outlook - ActionForex

EUR/USD Weekly Outlook – ActionForex

EUR/USD recovered last week but upside is capped below 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665). Initial bias remains neutral this week, and further decline is in favor. On the downside, below 1.1408 will resume the fall from 1.2081 to 38.2% retracement of 1.0176 to 1.2081 at 1.1353. However, decisive break

Gold Extends Lower as Wave (5) Approaches

Gold Extends Lower as Wave (5) Approaches

Gold (XAUUSD) continues to trade lower as the bearish sequence remains active. The decline from the recent peak is unfolding in a clear impulsive structure, which shows sellers still control the trend. From the high, Gold completed a larger corrective structure and then turned sharply lower. The decline is progressing in a five-wave impulse. Within

0
Would love your thoughts, please comment.x
()
x