USD/JPY Daily Outlook – ActionForex

Daily Pivots: (S1) 156.73; (P) 157.29; (R1) 158.12; More…

USD/JPY is staying in range below 157.96 temporary top and intraday bias remains neutral a this point. On the upside, above 157.96 will extend the rebound from 152.25 to retest 159.44 high. On the downside, though, break of 155.52 will bring deeper fall back to 152.07/152.25 support zone. Overall, price actions from 159.44 are viewed as a near term consolidation pattern. Outlook will remain bullish as long as 38.2% retracement of 139.87 to 159.44 at 151.96 holds.

In the bigger picture, outlook is unchanged that corrective pattern from 161.94 (2024 high) should have completed with three waves at 139.87. Larger up trend from 102.58 (2021 low) could be ready to resume through 161.94. This will remain the favored case as long as 55 W EMA (now at 152.16) holds. However, sustained break of 55 W EMA will argue that the pattern from 161.94 is extending with another falling leg.

Source link

Visited 1 times, 1 visit(s) today

Related Article

AUD/USD Forecast: Oil Shock and NFP Risk Put 0.6835 Support in Focus

Subscribe To Notifications Scan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties.

USD/CAD Tests Key Resistance Territory After Pullback from Ytd Highs

USD/CAD Tests Key Resistance Territory After Pullback from Ytd Highs

USD/CAD oscillates near the 1.3890-1.3930 resistance zone, tracking three‑month highs. Retraces 61.8% of the pullback from multi‑year highs. RSI and stochastics signal stalled upside momentum. USD/CAD has been oscillating within the 1.3890-1.3930 resistance territory since the beginning of the week, repeatedly testing the upper boundary after a brief break to the three‑month and year-to-date high

US Dollar Forecast: DXY Gains on War Risks Before U.S. Jobs Report

Subscribe To Notifications Scan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties.

image

NZD/USD Analysis 03/04: Kiwi Tests 0.57 (Video&Chart)

Created on April 03, 2026 The New Zealand dollar crashed into the 0.57 level for the 3rd time this week on Thursday as traders freaked out after the address to the nation that Donald Trump gave. It was odd because he said absolutely nothing new and rates spiked as people started pricing in the end

Dollar Lagging Behind Oil - ActionForex

Dollar Lagging Behind Oil – ActionForex

Politics explains the dollar’s sluggish rise amid rising oil prices. USDJPY bulls have grown immune to verbal intervention. Brent saw a sharp rally amid renewed threats from Donald Trump, but EURUSD stabilised after a decline amid expectations for the US employment report. Bloomberg experts forecast a return to growth in non-farm payrolls in March following

Natural Gas Price Analysis – Natural Gas Continues to Drag Along Bottom

Subscribe To Notifications Scan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties.

GBP/USD: Geopolitical Tensions Drive Pound Selling

GBP/USD: Geopolitical Tensions Drive Pound Selling

GBP/USD stabilised around 1.3227 on Friday following a sharp decline the previous day. Rising geopolitical tensions have weighed on the pound following fresh statements from US President Donald Trump. Increased military rhetoric towards Iran and the lack of clarity regarding the reopening of the Strait of Hormuz have led to a jump in oil prices

Gold Price Analysis – Gold Continues to See Headline Risks

Subscribe To Notifications Scan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties.

Silver Weelky Price Analysis – Silver Attempting Recovery

Subscribe To Notifications Scan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties.

Gold: The Three-Year Rally May Not Be Over Yet

Gold: The Three-Year Rally May Not Be Over Yet

The Middle East conflict is weighing on gold prices amid expectations that central banks will raise interest rates to address rising inflation driven by oil prices. This seems like a knee-jerk reaction, as this is precisely how central banks acted in 2022. Moreover, it is widely acknowledged that this was a belated response. Another factor

Crypto Market Being Held Down at the Month’s Low

Crypto Market Being Held Down at the Month’s Low

Market Overview The crypto market capitalisation has remained close to $2.30T for the second day running, with a wide range of performance among coins: from losers such as Uniswap (−2.7%), Immutable (−2.4%) and BNB (−0.7%) to the leaders Algorand (+20%), IOTA (+6.9%) and Cosmos (+5.3%). Meanwhile, the top five altcoins and BTC have changed in

Minister of Finance and Economy Koo Yun-cheol / Yonhap

Government vows swift action against illegal FX trading, disinformation

Minister of Finance and Economy Koo Yun-cheol / Yonhap Korea’s financial regulators issued stronger warnings Friday against illegal foreign exchange activity and the spread of false information, urging swift enforcement and closer coordination among agencies. The Ministry of Economy and Finance chaired a meeting of the pan-government task force on illegal foreign exchange transactions at

Match-Trader expands into Prediction Markets

Match-Trader expands into Prediction Markets

Leading trading technology provider Match-Trader has announced that it has introduced a new prediction markets solution, helping brokers capitalize on one of the fastest-growing trends in trading. The offering opens access to event-driven contracts across finance, crypto, politics, sports, entertainment, and more, at a time when trader participation in this segment is accelerating. Brokers can

USD/JPY Holds Strong, NFP Looms as Next Big Catalyst

USD/JPY Holds Strong, NFP Looms as Next Big Catalyst

Key Highlights USD/JPY remained supported above the 158.00 pivot level. A bullish trend line is forming with support at 158.50 on the 4-hour chart. Bitcoin trimmed gains and traded below the $67,500 support. WTI Crude Oil prices again rallied and broke the $105 resistance. USD/JPY Technical Analysis The US Dollar formed a base above 158.20

Retired colonel loses 1cr in online forex trading scam

Retired colonel loses 1cr in online forex trading scam | Pune News

Pune: A retired army colonel (82), residing in Kondhwa, lost Rs 1.01 crore after cybercrooks lured him in investing in foreign exchange (forex) trading for handsome returns between Oct last year and Feb.The victim lodged a complaint with the Pune cyber police on Wednesday.Senior inspector Swapnali Shinde of the Pune cyber police told TOI, “The

ASX 200 Forecast: Geopolitical Risks Keep Bears Focused on 8,485

Subscribe To Notifications Scan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties.

Crude Oil Price Analysis – Crude Rockets Higher on Thursday

Subscribe To Notifications Scan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties.

Silver Price Analysis – Silver Drops with Higher Rates Causing Pain

Subscribe To Notifications Scan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties.

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