Daily Pivots: (S1) 146.43; (P) 147.32; (R1) 148.11; More… Intraday bias in USD/JPY stays neutral and outlook remains bearish with 38.2% retracement of 161.94 to 141.67 at 149.41 intact and intraday bias stays neutral. Below 145.42 minor support will turn bias to the downside for 141.67. Break there will resume the fall from 161.94 to […]
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EURJPY is hovering around the 100-day SMA EURJPY bears have probably regained the upper hand Momentum indicators are mostly mixed at this stage EURJPY is edging lower today, testing the support set by the 100-day Read more…
Markets US Treasuries followed last week’s recipe. Testing the recent low (area; depending on the maturity), but eventually rebounding higher. This time without strong trigger though like Thursday’s Powell speech or Friday’s retail sales. The Read more…
The week kicked off on a bullish note, as the recovery in US treasuries, and the retreat in US yields help boost appetite in major US indices. The S&P500 rebounded 0.39%, while Nasdaq added 0.71%, Read more…