Daily Pivots: (S1) 187.28; (P) 189.13; (R1) 190.18; More… Intraday bias in GBP/JPY remains on the downside for the moment. Corrective pattern from 180.00 might have completed already. Deeper fall would be seen to 100% projection of 198.94 to 189.31 from 194.73 at 185.10. For now, risk will stay on the downside as long as […]
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Non-farm payrolls rose 143k in January, slightly below the consensus forecast calling for a gain of 170k. This morning’s report also included more comprehensive benchmark revisions, which are done annually to better align the establishment Read more…
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Daily Pivots: (S1) 150.83; (P) 151.86; (R1) 152.48; More… Intraday bias in USD/JPY is turned neutral with 4H MACD crossed above signal line. Focus stays on 38.2% retracement of 139.57 to 158.86 at 151.49. Strong Read more…