Daily Pivots: (S1) 153.40; (P) 154.82; (R1) 155.94; More… USD/JPY recovered after dipping to 153.70 and intraday bias is turned neutral first. On the upside, break of 156.74 resistance will indicate that fall from 158.86 has completed as a correction. Intraday bias will be back on the upside for 158.86 and above to resume the […]
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Summary It was a busy week for foreign central banks, with several institutions offering their first monetary policy assessment of 2025. The European Central Bank lowered its policy rate 25 bps to 2.75%, while repeating Read more…
The EUR/USD pair is consolidating around 1.0426 on Thursday as investors digest the Federal Reserve’s latest policy decision and shift their focus to the upcoming European Central Bank (ECB) meeting. Key market influences As widely Read more…
Daily Pivots: (S1) 1.0387; (P) 1.0415; (R1) 1.0449; More… EUR/USD recovers slightly but stays in range below 1.0531. Intraday bias remains neutral for the moment. Outlook is unchanged for now. On the downside, break of Read more…