Daily Pivots: (S1) 149.19; (P) 149.45; (R1) 149.70; More… USD/JPY dips notably today but stays above 148.57 minor support. Intraday bias remains neutral at this point. Risk stays on the downside as long as 55 Read more…
Yen is having a moderate rebound today, spurred by slightly stronger-than-expected corporate services price inflation data. However, this uptick in is showing only restrained momentum, especially noticeable even against a weaker Dollar. The limited rise Read more…
Daily Pivots: (S1) 1.0907; (P) 1.0928; (R1) 1.0961; More… Intraday bias in EUR/USD remains neutral for the moment, as it’s still capped below 1.0964 resistance. Further rally is in favor as long as 1.0823 support Read more…
In today’s address to the parliament, BoJ Governor Kazuo Ueda provided note that the economy is “recovering moderately,” which is further evidenced by the narrowing of the output gap to “near zero”. Ueda also highlighted Read more…
Bearish readings seen in the daily and hourly RSI momentum indicators have reinforced the weakening medium-term and short-term impulsive up moves of CHF/JPY. Watch the key short-term resistance at 169.65 for CHF/JPY. The major uptrend Read more…
Markets US markets on Friday and after Thanksgiving joined the rebound in yields in Europe on Thursday. Investors apparently found that enough frontloading on (Fed & ECB) rate cuts had been discounted. Eco data didn’t Read more…
Last week ended on a positive note where the US equities advanced to fresh highs since summer on a holiday shortened trading week. The S&P500 gained for the 4th consecutive week and closed the week Read more…
Market movers today A quiet start to an otherwise interesting data week. Norwegian retail sales and US new home sales for October will be released today. The ECB’s Lagarde will give a speech in the Read more…
Key Highlights EUR/USD is still trading in a positive zone above 1.0800. A connecting bullish trend line is forming with support at 1.0895 on the 4-hour chart. Gold prices rallied again and climbed above the Read more…
By overwhelming numbers, air travelers prefer aisle seats or window seats over the middle ones. The window seat offers a view of the outside world from high above it — and an interior surface upon Read more…