GBPUSD bears are pausing on Monday after last week’s 1.2% fall, as oversold daily studies slowed the pace of fall, which registered the strongest acceleration last Thursday. Consolidation was so far narrow, as the sterling Read more…
GBPUSD bears are pausing on Monday after last week’s 1.2% fall, as oversold daily studies slowed the pace of fall, which registered the strongest acceleration last Thursday. Consolidation was so far narrow, as the sterling Read more…
Daily Pivots: (S1) 1.0761; (P) 1.0801; (R1) 1.0837; More… No change in EUR/USD’s outlook and intraday bias stays on the downside. Current fall from 1.1274 should target 1.0609/34 cluster support next. On the upside, break Read more…
Australia retail sales rebounds with 0.5% gain Fed’s Powell keeps door open to further hikes The Australian dollar started the week with gains but then retreated. In the European session, AUD/USD is trading at 0.6408, Read more…
USDJPY keeps firm tone at the beginning of the week, as hawkish tones from Fed Chair Powell on Friday, offered additional support to dollar. Faded threats of Japan’s intervention to support yen, expected on breach Read more…
USDJPY keeps firm tone at the beginning of the week, as hawkish tones from Fed Chair Powell on Friday, offered additional support to dollar. Faded threats of Japan’s intervention to support yen, expected on breach Read more…
Daily Pivots: (S1) 183.55; (P) 183.98; (R1) 184.60; More… Intraday bias in GBP/JPY remains neutral for the moment. Risk will stays on the downside as long as 186.75 resistance holds. Break of 183.35 will resume Read more…
Daily Pivots: (S1) 183.55; (P) 183.98; (R1) 184.60; More… Intraday bias in GBP/JPY remains neutral for the moment. Risk will stays on the downside as long as 186.75 resistance holds. Break of 183.35 will resume Read more…
Daily Pivots: (S1) 145.89; (P) 146.26; (R1) 146.79; More… Intraday bias in USD/JPY remains mildly on the upside for the moment. Sustained break of 61.8% projection of 129.62 to 145.06 from 137.22 at 146.76 will Read more…
The Federal Reserve (Fed) Chair Jerome Powell’s Jackson Hole speech was boring, wasn’t it? Powell repeated that inflation risks remain to the upside despite recent easing and pointed at resilient US growth and tight US Read more…