Daily Pivots: (S1) 159.55; (P) 160.15; (R1) 161.03; More… Intraday bias in EUR/JPY remains neutral for the moment. Overall development suggest that consolidation pattern from 154.40 is extending with another rising leg. On the upside, break of 161.25 will target 164.89 resistance. In the bigger picture, price actions from 175.41 are seen as correction to […]
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Transcript: Caroline Woods: The world’s largest cryptocurrency has continued its slide, with Bitcoin dropping into the low 80 thousands. Bitcoin was hovering around $96,000 just a month ago – but has seen a steep decline, even Read more…
The Japanese yen has started the week with strong gains. In the European session, USD/JPY is trading at 147.07, down 0.766 on the day. Earlier, the yen strengthened to 146.72, its best level since Oct. Read more…
The dollar plunged rapidly last week, losing over 3.5% and pulling back to levels below 104.0, nearly erasing gains since Trump’s election victory. The US dollar has been actively declining since early February and intensified Read more…