USD/JPY rebounds near 50-day EMA ahead of BoJ’s rate decision. Technical signals improve, but a close above 156.65 still needed. USDJPY found fresh buying interest near its 50-day exponential moving average (EMA) around 154.70 and Read more…
The country’s Finance Minister, Jörg Kukies, stated in an interview with CNBC that it is crucial for Germany to enter a period of economic growth, adding that structural deficiencies need to be addressed. “We have Read more…
Check back for updates throughout the trading day U.S. equity futures edged lower in early Thursday trading, while Treasury yields and the dollar inched higher, as investors hit pause on a post-inauguration rally that lifted Read more…
Daily Pivots: (S1) 191.97; (P) 192.49; (R1) 193.31; More… Intraday bias in GBP/JPY stays neutral at this point. Risk remains on the downside with 193.01 resistance intact. Break of 189.31 will target 188.07 support. Firm Read more…
Daily Pivots: (S1) 161.98; (P) 162.60; (R1) 163.57; More… EUR/JPY breach of 162.88 minor resistance argues that corrective pull back from 164.89 has completed at 159.74. Intraday bias is back on the upside for 164.89 Read more…
Daily Pivots: (S1) 0.8435; (P) 0.8449; (R1) 0.8467; More… Intraday bias in EUR/GBP stays neutral for consolidations below 0.8472 temporary top. Outlook will stay bullish as long as 0.8403 support holds. Break of 0.8472 temporary Read more…
Daily Pivots: (S1) 1.6561; (P) 1.6618; (R1) 1.6652; More… EUR/AUD is still extending the consolidation pattern below 1.6800 and intraday bias stays neutral. Strong support is still expected from 38.2% retracement of 1.5963 to 1.6800 Read more…
Daily Pivots: (S1) 0.9426; (P) 0.9441; (R1) 0.9452; More…. While EUR/CHF’s corrective rebound from 0.9204 might extend higher, strong resistance is expected from 0.9481 fibonacci level to finish it. On the downside, below 0.9365 minor Read more…
Daily Pivots: (S1) 1.0383; (P) 1.0420; (R1) 1.0447; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, firm break of 1.0435 will extend the rebound from 1.0176 to 38.2% retracement of Read more…
Daily Pivots: (S1) 155.68; (P) 156.20; (R1) 157.04; More… Intraday bias in USD/JPY remains neutral for the moment. Sustained trading below 55 D EMA (now at 154.73) will extend the correction from 158.86 to 38.2% Read more…