Action Insight is the most popular section of the site, read by traders around the world. Our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.
- Market overviews covers major happenings in the markets as well as their impacts.
- Technical analysis of specific currency pair will be found in the technical outlook section. Covered pairs include EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, EUR/JPY, EUR/CHF, EUR/GBP, GBP/JPY
- Special reports covers medium to longer term forecasts on exchange rates based on fundamentals, central bank meetings previews and reviews, plus any current issues that will have an impact on exchange rates.
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USDJPY Outlook |
Written by ActionForex.com |
Apr 05 12 13:09 GMT
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No change in USD/JPY's outlook as corrective pattern from 84.17 is still in progress and could spiral lower. But after all, downside is expected to be contained by mentioned 80.58/81.86 support zone and bring rally resumption eventually. Above 83.30 minor resistance will flip bias back to the upside. Further break of 84.17 will extend the rally from 76.02 to 85.51 key resistance level.
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USDJPY Outlook |
Written by ActionForex.com |
Apr 05 12 07:59 GMT
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No change in USD/JPY's outlook as corrective pattern from 84.17 is still in progress and could spiral lower. But after all, downside is expected to be contained by mentioned 80.58/81.86 support zone and bring rally resumption eventually. Above 83.30 minor resistance will flip bias back to the upside. Further break of 84.17 will extend the rally from 76.02 to 85.51 key resistance level.
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USDJPY Outlook |
Written by ActionForex.com |
Apr 04 12 14:42 GMT
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With 83.30 minor resistance intact, the correction from 84.17 could extend further but after all, downside is expected to be contained by mentioned 80.58/81.86 support zone and bring rally resumption eventually. Above 83.30 minor resistance will flip bias back to the upside. Further break of 84.17 will extend the rally from 76.02 to 85.51 key resistance level.
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USDJPY Outlook |
Written by ActionForex.com |
Apr 04 12 07:16 GMT
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With 83.30 minor resistance intact, the correction from 84.17 could extend further but after all, downside is expected to be contained by mentioned 80.58/81.86 support zone and bring rally resumption eventually. Above 83.30 minor resistance will flip bias back to the upside. Further break of 84.17 will extend the rally from 76.02 to 85.51 key resistance level.
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Read more...
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USDJPY Outlook |
Written by ActionForex.com |
Apr 03 12 14:08 GMT
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USD/JPY recovered after dipping to 81.55 but is still limited below 83.30 minor resistance. Outlook remains unchanged. While correction from 84.17 could extend lower, downside is expected to be contained by mentioned 80.58/81.86 support zone and bring rally resumption eventually. Above 83.30 minor resistance will flip bias back to the upside. Further break of 84.17 will extend the rally from 76.02 to 85.51 key resistance level.
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USDJPY Outlook |
Written by ActionForex.com |
Apr 03 12 07:52 GMT
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The correction fro 84.17 is still in progress and deeper fall cannot be ruled out. but downside is expected to be contained by mentioned 80.58/81.86 support zone and bring rally resumption eventually. Above 83.38 minor resistance will flip bias back to the upside. Further break of 84.17 will extend the rally from 76.02 to 85.51 key resistance level.
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USDJPY Outlook |
Written by ActionForex.com |
Apr 02 12 13:50 GMT
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Despite initial rally, USD/JPY failed to sustain gain and dropped sharply as the day goes. With 83.38 minor resistance intact, correction from 84.17 could extend lower. But even in that case, downside is expected to be contained by 80.58/81.86 support zone and bring rally resumption eventually. Above 83.38 minor resistance will flip bias back to the upside. Further break of 84.17 will extend the rally from 76.02 to 85.51 key resistance level.
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Read more...
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USDJPY Outlook |
Written by ActionForex.com |
Apr 02 12 07:29 GMT
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With 83.38 minor resistance intact, further decline cannot be ruled out yet as correction from 84.17 continues. But even in that case, downside is expected to be contained by 80.58/81.86 support zone and bring rally resumption eventually. Above 83.38 minor resistance will flip bias back to the upside. Further break of 84.17 will extend the rally from 76.02 to 85.51 key resistance level.
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Read more...
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USDJPY Outlook |
Written by ActionForex.com |
Mar 31 12 09:34 GMT
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USD/JPY's correction from 84.17 continued last week with another dip to 81.82. Further decline cannot be ruled out yet with 83.38 minor resistance intact. But in that case, downside is expected to be contained by 80.58/81.86 support zone and bring rally resumption eventually. Above 83.38 minor resistance will flip bias back to the upside. Further break of 84.17 will extend the rally from 76.02 to 85.51 key resistance level.
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USDJPY Outlook |
Written by ActionForex.com |
Mar 30 12 13:07 GMT
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Intraday bias in USD/JPY remains mildly on the downside as correction from 84.17 extends. While deeper fall could be seen, downside is expected to be contained by 80.58/81.86 support zone and bring rally resumption eventually. Above 83.38 minor resistance will flip bias back to the upside. Further break of 84.17 will extend the rally from 76.02 to 85.51 key resistance level
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