Daily Pivots: (S1) 1.3363; (P) 1.3383; (R1) 1.3399; More… Intraday bias in USD/CAD is turned neutral with current retreat. But further rally is in favor as long as 1.3286 minor support holds. Above 1.3413 will Read more…
Daily Pivots: (S1) 0.6682; (P) 0.6698; (R1) 0.6715; More… Intraday bias in AUD/USD remains neutral and outlook is unchanged. On the downside, break of 0.6639 will resume the fall from 0.6870 short term top to Read more…
Daily Pivots: (S1) 144.78; (P) 145.31; (R1) 146.29; More… Range trading continues in USD/JPY below 145.97 and intraday bias remains neutral. On the upside, above 145.97 will resume the rebound from 140.25. But upside should Read more…
Daily Pivots: (S1) 0.8498; (P) 0.8518; (R1) 0.8528; More…. USD/CHF is still extending the consolidation from 0.8332 and intraday bias remains neutral. Stronger recovery cannot be ruled out. But outlook will stay bearish as long Read more…
Daily Pivots: (S1) 1.2704; (P) 1.2724; (R1) 1.2762; More… Intraday bias in GBP/USD remains neutral as range trading is still in progress. On the upside, decisive break of 1.2826 high will resume whole rally from Read more…
Daily Pivots: (S1) 1.0939; (P) 1.0957; (R1) 1.0990; More… EUR/USD recovers mildly overnight and stays firm in Asian session. Nevertheless, it’s still capped below 1.0997 minor resistance. Intraday bias stays neutral at this point. On Read more…
Dollar saw notable decline against most major currencies, maintaining its softer tone in the Asian trading session today, with the exception of its performance against Yen. This selloff amidst a backdrop of improving risk sentiment, Read more…
BoJ’s latest Regional Economic Report noted that all nine regions have experienced an uptick in their economies, albeit with variations in pace and extent. This improvement is happening despite challenges posed by the global economic Read more…
DXY: The DXY chart currently exhibits a bearish overall momentum, indicating a weakened US Dollar. In this scenario, there’s potential for a bearish continuation towards the 1st support level. The 1st support at 101.77 is Read more…
OECD has suggested that BoJ should consider implementing a gradual rise in short-term interest rates and introduce more flexibility into its Yield Curve Control policy. This recommendation comes at a time when Japan appears to Read more…