The Japanese yen is in positive territory on Friday, trading at 133.02, up 0.56%. USD/JPY touched a one-month low on Thursday, falling as low as 131.72. How will BoJ react to the new wage agreement? Read more…
AUDJPY came under buying interest yesterday from near the 87.25 zone, which offered support on December 20 and January 3, as well as back on May 12. In the bigger picture, the pair seems to Read more…
AUDJPY came under buying interest yesterday from near the 87.25 zone, which offered support on December 20 and January 3, as well as back on May 12. In the bigger picture, the pair seems to Read more…
GBPJPY bounced back into the upward-sloping channel to close with moderate gains following the freefall to a one-month low of 158.54 on Thursday. The 38.2% Fibonacci retracement of the 172.10-155.34 downleg resumed its resistance role, Read more…
ECB Governing Council member Francois Villeroy de Galhau told BFM Business radio that yesterday’s 50bps sent a “signal of confidence that is strong and dual” to the public. “It reflects both confidence in our anti-inflation Read more…
Daily Pivots: (S1) 140.06; (P) 141.04; (R1) 142.94; More…. Intraday bias in EUR/JPY is turned neutral first as it recovered notably after dipping to 139.11. Risk stays on the downside as long as 4 hour Read more…
Daily Pivots: (S1) 0.6623; (P) 0.6645; (R1) 0.6680; More… Intraday bias in AUD/USD stays neutral first with focus on 0.6715 resistance. Decisive break there will confirm short term bottoming at 0.6563, just ahead of 0.6546 Read more…
Bitcoin has showcased remarkable resilience amid recent turmoil in financial markets, prompting discussions about its potential status as a safe-haven asset. The leading cryptocurrency has outperformed traditional safe havens such as gold this week, further Read more…
Bitcoin has showcased remarkable resilience amid recent turmoil in financial markets, prompting discussions about its potential status as a safe-haven asset. The leading cryptocurrency has outperformed traditional safe havens such as gold this week, further Read more…
Australian technical forecast: AUD/USD weekly trade levels Australian Dollar rebounds from fresh, multi-month lows AUD/USD threat for exhaustion rebound- broader outlook weighted to the downside Resistance 6816, 6865, 6922 (key)– support 6547, 6393 (key), 6200/10 Read more…