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Top of the 4-month channel and VAH are the last daily supports. Acceptance back above 24,052 reopens 24,542/24,846; a daily close below 23,748 risks a slide toward 23,258 → 22,955 → POC ~22,464. Daily structure (mid-term lens) Inflexion point level remains 24,052 (daily critical pivot). Two failed attempts left a supply shelf just overhead. Price…
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EUR/JPY Daily Outlook – ActionForex
Range trading continues in EUR/JPY and intraday bias remains neutral. As noted before, pullback from 187.93 could have completed at 182.01 already. Further rise is in favor as long as 184.02 minor support holds. Above 185.44 will target a retest on 187.93 high. Nevertheless, break of 184.02 minor support will turn bias back to the…
USD/JPY remains vulnerable to BoJ, Fed expectations, and US-China talks
USD/JPY remains supported above 144.00 as US-China trade talks remain in focus. Bank of Japan Governor Kazuo Ueda’s hawkish tilt limits Yen weakness. The US Dollar steadies ahead of Wednesday’s US inflation data, which could contribute to Fed rate bets. The Japanese Yen (JPY) is steadying against the US Dollar (USD) on Tuesday, with the…
