The JP225 cash index has been on a decent upward move since the March 15 low of 26,457. This short-term rally appears to have halted just above the 27,423- 27,470 range set by the 38.2% Read more…
Daily Pivots: (S1) 130.79; (P) 131.27; (R1) 132.06; More… USD/JPY is staying in consolidation above 129.62 temporary low and intraday bias remains neutral. Outlook remains bearish as long as 132.99 resistance holds. Break of 129.62 Read more…
Daily Pivots: (S1) 130.79; (P) 131.27; (R1) 132.06; More… USD/JPY is staying in consolidation above 129.62 temporary low and intraday bias remains neutral. Outlook remains bearish as long as 132.99 resistance holds. Break of 129.62 Read more…
Australia retail sales turnover rose 0.2% mom to AUD 35.14B in February, matched expectations. Through the year, retail sales rose 6.4% yoy. Ben Dorber, ABS head of retail statistics, said retail sales rose modestly in Read more…
Fed Philip Jefferson stated yesterday that the current inflation rate is too high, emphasizing the FOMC’s goal to reduce it to 2% as quickly as possible. Speaking at Washington and Lee University in Lexington, Virginia, Read more…
Fed Philip Jefferson stated yesterday that the current inflation rate is too high, emphasizing the FOMC’s goal to reduce it to 2% as quickly as possible. Speaking at Washington and Lee University in Lexington, Virginia, Read more…
Key Highlights GBP/USD is showing positive signs above the 1.2220 level. A connecting bullish trend line is forming with support at 1.2240 on the 4-hours chart. EUR/USD is well supported above the 1.0720 support zone. Read more…
The USDJPY bounces on Monday after Friday’s action left long-tailed Doji, with short-lived dip below psychological 130 support signaling a bear-trap and forming reversal pattern on daily chart. Initial signal of direction change still needs Read more…